Bakrie & Brothers Tbk PT

XMUN:LFU2

Business Description

Sector

Industrials

Industry

Industrial Conglomerates

Headquarters

Indonesia ID

Employees

2 654

IPO date

Aug 28, 1989

Bakrie & Brothers Tbk PT is an Indonesian holding company built around industrial and infrastructure businesses. Through its subsidiaries, it has been involved in making and selling steel pipes and other heavy industrial products, as well as taking part in infrastructure-related projects and services. It is not a consumer brand company; it sits closer to the middle of the economy, supplying products and services used by other businesses and public projects.

Its customers are mainly industrial buyers, contractors, energy and utility companies, and government-linked infrastructure users. The company makes money by selling manufactured products, earning project and service income, and receiving returns from the businesses it owns. In simple terms, it turns factory output and project execution into cash flow.

What makes its model different is that it combines operating businesses with a holding-company structure. That means some of its value comes from running subsidiaries directly, while some comes from owning stakes in businesses tied to Indonesia’s industrial and infrastructure spending. For investors, it is best understood as a corporate owner of hard-asset businesses rather than a single-product company.