PT. AKR Corporindo, Tbk

AKRA has been inducted into Bisnis-27 Index

November 02, 2020

JAKARTA, 2 November’ 2020 – PT AKR Corporindo Tbk (IDX ticker code: AKRA.IJ), is pleased to announce that it has been included in Indeks Bisnis-27 for the period Nov 2020 till April 2021.  AKRA is one of the five companies that have been added to the Index by the Bisnis -27 Index Committee.  The other four companies are PT Astra Agro Lestari Tbk. (AALI), PT Bank Tabungan Pensiunan Nasional Syariah Tbk. (BTPS), PT Merdeka Copper Gold Tbk. (MDKA), and PT Sido Muncul Tbk Herbal Medicine and Pharmacy Industry (SIDO).

These 5 companies included will replace PT Indocement Tunggal Prakarsa Tbk. (INTP), PT Gudang Garam Tbk. (GGRM), PT Jasa Marga (Persero) Tbk. (JSMR), PT Perusahaan Gas Negara Tbk. (PGAS) and PT Tjiwi Kimia Tbk Paper Factory (TKIM).

Inclusion of AKRA in Binsis-27 is a recognition of our strong performance during pandemic crisis.   In 9M 2020, AKRA has delivered Net Profit growth of 18% compared to 9M 2019.   Gross Profit and Operating Profit growth are 15% and 26%, respectively.

Speaking on Bisnis-27 Committee Meeting, President Director of PT Jurnalindo Aksara Grafika Lulu Terianto said that Bisnis-27 Index constituents are expected to give a stable performance during pandemic crisis. This is because of the strong fundamentals and large market capitalization.  This index can be used by the investors with a long-term investment horizon, particularly like a pension fund.

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PT AKR Corporindo Tbk