PT Bakrie & Brothers Tbk 2017 AR2
The report highlights PT Bakrie & Brothers Tbk's operational and financial performance for the fiscal year 2017, focusing on its core pillars of manufacturing and infrastructure. Despite facing economic challenges and recording a net comprehensive loss of Rp 1.21 trillion, the company achieved an 18.5% increase in net revenues to Rp 2.46 trillion, driven by growth in its automotive components and steel pipes segments. The company continued its debt restructuring efforts through debt-to-equity conversions and expanded its infrastructure portfolio, including power plants, toll roads, and gas pipelines. Additionally, the company advanced its corporate governance practices, earning a 'Trusted Company' rating, and implemented various corporate social responsibility programs under the 'Bakrie Untuk Negeri' philosophy.
Company: PT Bakrie & Brothers Tbk
Sector: Professional & technical services
Country: Indonesia
Year: 2017
Type: AR2
Pages: 386
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PT Bakrie & Brothers Tbk
Annual Report
The report highlights PT Bakrie & Brothers Tbk's operational and financial performance for the fiscal year 2017, focusing on its core pillars of manufacturing and infrastructure. Despite facing economic challenges and recording a net comprehensive loss of Rp 1.21 trillion, the company achieved an 18.5% increase in net revenues to Rp 2.46 trillion, driven by growth in its automotive components and steel pipes segments. The company continued its debt restructuring efforts through debt-to-equity conversions and expanded its infrastructure portfolio, including power plants, toll roads, and gas pipelines. Additionally, the company advanced its corporate governance practices, earning a 'Trusted Company' rating, and implemented various corporate social responsibility programs under the 'Bakrie Untuk Negeri' philosophy.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees