News

24.10.2022

Malindo Ranked No. 1st Best Public Company

For the fourth time, PT Malindo Feedmill Tbk was awarded Best of the Best by Forbes Indonesia, the an award given to the 50 best listed companies in Indonesia. PT Malindo Feedmill Tbk was awarded Best of the Best in 2011, 2012, 2013, and in 2014 it was ranked number 1.

The Best of the Best Award is an annual event organized by Forbes Indonesia following an assessment of the performance of all companies listed on the Indonesia Stock Exchange.

The Best of the Best Awards 2014 was held at a ceremony at the Ritz – Carlton Jakarta, Mega Kuningan, on 10th December 2014. The award was presented by Justin Doebele, Chief Editorial Advisor Forbes Indonesia and accepted by Lau Joo Hwa, Deputy CEO of PT Malindo Feedmill Tbk.

According to Justin, the recipient of “Best of the Best” is a company that has demonstrated success in increasing the value of the company, whereby companies winners are selected based on matrix calculations, among others, the average return on sales growth, and earnings per share over the past three years. Good corporate governance is also one of the important indicators assessed.

Meanwhile Lau Joo Hwa thanked Forbes Indonesia for awarding the number 1 ranking among The Best of the Best 2014 to PT Malindo Feedmill Tbk. “We can grow and advance as it is today, of course with support and trust given by Malindo partners, either from banks, suppliers, investors and customers. In addition, hard work and loyalty of employees contributed to driving advances in Malindo that this year was 17 years old, “said Lau Joo Hwa.

PT Malindo Feedmill Tbk is a company with major businesses in animal feed, breeding chickens, broiler farms and processed foods. Business units are located in various regions in Indonesia, while for processed food manufacturers, namely PT Malindo Food Delight, is located in Cikarang, West Java. Malindo Food Delight produces a variety of processed foods such as nuggets and sausages under the Sunny Gold and Ciki Wiki brands.

PT Malindo Feedmill Tbk was first listed on the Indonesia Stock Exchange in 2006, with a market capitalization of Rp. 298 billion. In 2014, Malindo’s market cap has reached Rp 4.3 trillion, an increase of 14.4 times in 8 years. Malindo’s sales growth in the last 3 years (CAGR) was 27.2%, while net sales in the year 2013 grew by 25%, primarily due to increased sales of poultry feed and DOC of Rp642 billion and Rp158 billion respectively, an increase of 28 % and 25% compared to the previous year.

Our achievements will continue despite the greater challenges ahead as the demand for poultry product in Indonesia is expected to increase further and PT Malindo Feedmill Tbk is optimistic that it can leverage on this forecasted growth to expand bigger, be more advanced and continue to produce high quality animal protein products that is nutritious and healthy, in line with our motto “FEEDING INDONESIA”.

Related Announcement

Connect with us

2022 © PT Malindo Feedmill Tbk, All Rights Reserved