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Providing an accurate account of company affairs to investors with strategic responsibility through Financial Highlights and Stock highlights along with Annual Reports. Announcements on our page also facilitate investors to receive the required information.

Information on the Go Private Plan

The Company is part of the Michelin group, which operates in a global tire business that is extremely competitive. To stay competitive, one of the key to Michelin group’s business strategies is to create an internal integration to allow the sharing of resources amongst various parts of its worldwide operation with the aim to leverage the economies of scale that come about from such global enterprise. The integration is also aimed to allow the Company to react quickly and respond to various changes in the global tire market. The proposed change of the Company’s status to a private company would provide the Company with more flexibility to achieve such integration.

Currently, 0.36% of the Company’s shares are held by Independent Shareholders, and such shares are not actively traded in IDX and are relatively not liquid. With the Go Private and Delisting plans, it is expected that the Independent Shareholders will have a chance to dispose of their shares at a premium.

Abridge Disclosure of Information

Power of Attorney Form

Statement Letter of Independent Shareholders

Financial publications

(In USD)

Key financial Highlights

2023

2022

2021*

Net Sales

488 891 053

464 665 801

463 204 971

Gross Profit

195 719 521

141 742 405

130 428 090

Profit for the year

75 341 548

52 912 831

50 302 117

Profit




Owners of the parent

75 341 718

52 912 579

50 300 596

Non - Controlling Interest

(170)

252

1 521

TOTAL

75 341 548

52 912 831

50 302 117

Total Comprehensive Income Attributable to :




Owners of the parent

74 420 548

52 701 997

50 468 022

Non - Controlling Interest

(96)

3

1 522

TOTAL

74 420 452

52 702 000

50 469 544





Earnings per share (expressed in US Dollar cents)

0, 82

0,58

0,55

Basic and diluted




Total Assets

523 557 484

462 933 465

522 383 562

Total Liabilities

142 556 456

138 101 162

250 253 259

Total Equity

381 001 028

324 832 303

272 130 303





Operating ratio in %




Gross Profit/Net Sales

40

31

28

Net Profit/Net Sales

15

11

11

Gross Profit/Equity

51

44

48

Net Profit/Equity

20

16

18

Gross Profit/Assets

37

31

25

Net Profit/Assets

14

11

10

Financial Ratio in %




Current Ratio

198

141

156

Debt to Total Assets Ratio

27

30

48

Debt to Equity Ratio

37

43

92

Average Inventory Turnover (X)

7

6

6

Average trade Receivables Collectibility (x)

5

5

5

* As restated

2024

2024 - 19 October

Invitation Extraordinary General Meeting of Shareholders

2024 - 4 October

Announcement Extraordinary General Meeting of Shareholders

2024 - 23 April

Annual Report Year 2023

2024 - 23 April

Invitation Annual General Meeting of Shareholders

2024 - 5 April

Announcement Annual General Meeting of Shareholders

2023

2023 - 16 October

Invitation Extraordinary General Meeting of Shareholders

2023 - 27 September

Announcement Extraordinary General Meeting of Shareholders

2023 - 22 May

Invitation Annual General Meeting of Shareholders

2023 - 5 May

Announcement Annual General Meeting of Shareholders

2023 - 30 April

Annual Report Year 2022

2022

2022 - 24 May

Invitation Annual General Meeting of Shareholders

2022 - 9 May

Announcement Annual General Meeting of Shareholders

2022 - 30 April

Annual Report Year 2021

2022 - 24 March

Audited Financial Statement of 31 December 2019

2021

2021- 21 December

Acquisition of PT Michelin Indonesia

2021 - 5 August

Invitation Annual General Meeting of Shareholders

2021 - 21 July

Announcement Annual General Meeting of Shareholders

2021 - 30 April

Annual Report Year 2020

2020

2020 - 30 April

Annual Report Year 2019

2019

2019 - 8 July

Change in Corporate Secretary

2019 - 30 April

Annual Report Year 2018

2019 - 11 March

Change in Controlling Shareholders

2019 - 8 March

Announcement regarding Changing on Company's Shareholder

2019 - 24 January

Announcement regarding Plan of Changing on Company's Shareholder

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