Explore the top 10 biggest companies in Indonesia by revenue in 2023, including Astra International, Bank Rakyat Indonesia, Telkom Indonesia, and more. Find out their industries, revenue, stock symbols, and key information.
1. Astra International
Industry: automotive
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $18640 Millions
Stock symbol: ASII.JK
Astra International is headquartered in Jakarta, Indonesia and was founded in 1957. It operates in multiple countries, with a presence in over 100 countries worldwide. The company is primarily engaged in automotive, financial services, heavy equipment, mining, construction, and agribusiness. Astra International offers a wide range of products and services, including automobiles, motorcycles, financial solutions, heavy machinery, mining services, and agricultural products. It is also associated with well-known brands such as Toyota, Daihatsu, Isuzu, and Komatsu.
2. Bank Rakyat Indonesia
Industry: banking
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $12670 Millions
Stock symbol: BYRA.F
Bank Rakyat Indonesia Home Page
Bank Rakyat Indonesia (BRI) is headquartered in Jakarta, Indonesia and was founded in 1895. It operates in multiple countries, including Malaysia, Singapore, Hong Kong, and Japan. BRI’s main activities include providing banking and financial services to individuals, small businesses, and corporations. The bank offers a wide range of products and services, including savings accounts, loans, credit cards, and investment options. BRI is known for its strong presence in the agricultural sector and is recognized as one of the largest banks in Indonesia.
3. Telkom Indonesia
Industry: telecommunications
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $9960 Millions
Stock symbol: TLK
Telkom Indonesia, headquartered in Jakarta, was founded in 1856. It operates in Indonesia and has a presence in several other countries. Telkom Indonesia is primarily engaged in providing telecommunications services, including fixed-line, mobile, and internet services. It also offers various products and services such as data communication, network services, and digital solutions.
4. Gudang Garam
Industry: tobacco
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $8640 Millions
Stock symbol: GGG.F
Gudang Garam is a company headquartered in Kediri, Indonesia, founded in 1958. It operates in multiple countries, with a presence in over 30 countries worldwide. The company’s main activities revolve around the production and distribution of cigarettes. Gudang Garam offers a wide range of cigarette products and brands, catering to various consumer preferences.
5. Bank Mandiri
Industry: banking
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $7940 Millions
Stock symbol: PPERF
Bank Mandiri is headquartered in Jakarta, Indonesia and was founded in 1998. It operates in multiple countries, including Singapore, Hong Kong, and the United States. The bank’s main activities include providing various financial services such as retail banking, corporate banking, and treasury services. Bank Mandiri offers a wide range of products and services, including savings accounts, loans, credit cards, and investment options. It is one of the largest banks in Indonesia and is known for its strong brand presence and customer-centric approach.
6. United Tractors
Industry: industrial goods
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $7690 Millions
Stock symbol: UTY.F
United Tractors is headquartered in Jakarta, Indonesia and was founded in 1972. It operates in multiple countries, with a presence in over 20 countries worldwide. The company is primarily engaged in the distribution and rental of heavy equipment, as well as providing related services such as maintenance and spare parts. United Tractors is known for its leading brands, including Komatsu, UD Trucks, and Scania.
7. Sampoerna
Industry: tobacco
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $7470 Millions
Stock symbol: HSZ.F
Sampoerna is a company headquartered in Jakarta, Indonesia, founded in 1913. It operates in multiple countries, with a presence in over 90 countries worldwide. Sampoerna’s main activities include the production and distribution of tobacco products, with its flagship brand being Sampoerna A Mild, a popular cigarette brand in Indonesia.
8. Adaro Energy
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $7330 Millions
Stock symbol: ADRO.JK
Adaro Energy is headquartered in Jakarta, Indonesia and was founded in 2004. It operates in multiple countries, including Indonesia, Australia, and China. The company’s main activities revolve around coal mining, trading, and logistics. Adaro Energy is known for its high-quality coal products and also provides services in power generation and coal infrastructure.
9. Indofood
Industry: food and beverage
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $7320 Millions
Stock symbol: INDF.JK
Indofood, headquartered in Jakarta, Indonesia, was founded in 1990. It operates in multiple countries, with a presence in over 40 countries worldwide. Indofood is primarily engaged in the production and distribution of various food and beverage products. They offer a wide range of products, including instant noodles, dairy products, snacks, and beverages. Some of their well-known brands include Indomie, Pop Mie, and Indomilk.
10. Alfamart
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $6390 Millions
Stock symbol: AMRT.JK
Alfamart is a retail company headquartered in Jakarta, Indonesia, founded in 1989. It operates in multiple countries, with a presence in more than 10 countries across Southeast Asia. The company’s main activities include operating convenience stores and providing various products and services to its customers. While it does not have any specific brands, Alfamart offers a wide range of products, including groceries, household items, personal care products, and ready-to-eat meals.
More: The Economic System of Indonesia
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