PROFILE ISSUER

Alumindo Light Metal Industry Tbk, PT

Description:

Established in 1978 as one of the the flagship companies Of Maspion Group, one of the world's largest kitchenware manufacturers, PT Alumindo Light Metal Industry Tbk's initial objective was to produce aluminium sheets to support Maspion Group's production in meeting Indonesia's growing demand for quality consumer durable products and aluminium foil for the packaging industry.

Upon its inception, PT Alumindo Light Metal Industry Tbk's initial annual production capacity was 12,000 MT and 4,800 MT of aluminium sheets and foil respectively. Currently,PT Alumindo Light Metal Industry Tbk produces at an annual capacity of 84,000 MT of aluminium sheets and 10,800 MT of foil, making it the largest and leading flat-rolled aluminium manufacturer in Indonesia as well as in the South East Asia.

Future plans for expansion are presently underway to further increase its annual production capacity of Aluminium sheet to 120,000 MT and foil to 18,000 MT.

In line with its capacity expansion, PT Alumindo Light Metal Industry Tbk is applying the latest technology to its production process by using advanced computerized machineries and working in partnership with other world class aluminium producers.

In early 1997, PT Alumindo Light Metal Industry Tbk has successfully launched an initial public offering with 30% of its shares to the public, acquiring a new status as a public company. As part of commitment in improving its services to its customers, PT Alumindo Light Metal Industry Tbk's quality management system had acquired an ISO 9002 certification from Lloyd Register, United Kingdom in the mid of 1998. (http://www.alumindo.com)

Security: ALMI
Address: Saworantap, Gendangan-Sidoarjo 61254
Phone: "031-8531531, 031-853994"
Fax: 031-8532608
Website: http://www.alumindo.com Major Industry: Metal Producers & Products Manufacturers
Exchanges: JAK Sub Industry: Aluminum Producers
Currency: Indonesian Rupiahs Employees: 1,215
Fiscal Yr Ends: December Market Cap: 144,144,000,000 (IDR)
Share Type: Common Share Outstanding: 616,000,000
Country INDONESIA Closely Held Shares: 188,715,008
Established 26th Jun 1978 Listing: 2nd Jan 1997
Closing Price: 234 (IDR) Data As Of: 23rd Nov 2017