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Compare AKR Corporindo Tbk (AKRA) vs Citatah Tbk. (CTTH) Price & Performance

AKR Corporindo Tbk
Citatah Tbk.

Price performance

Price movement over the last 24 hours

Key statistics

AKR Corporindo Tbk vs Citatah Tbk. — how do they compare? AKR Corporindo Tbk trades at Rp1,320 (market cap 26.5T), while Citatah Tbk. trades at Rp117 (market cap 144.01B). The key difference: AKR Corporindo Tbk is far larger — about 184× Citatah Tbk.'s market cap. Which is the better fit depends on your goals.

AKRACTTH
Market Cap
26.5T144.01B

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

AKRA
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CTTH
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About AKR Corporindo Tbk

PT AKR Corporindo Tbk was established in Surabaya on November 28, 1977 based on the Notarial Deed No. 46 of Sastra Kosasih, S.H., which was amended by Notarial Deed No. 26 of the same notary dated April 12, 1978 . In 2004, the Company changed its name from PT Aneka Kimia Raya Tbk to PT AKR Corporindo Tbk. PT Aneka Kimia Raya is the largest chemical distributor in Indonesia. The Company is dominantly positioned within the industry, distributing more than 40 chemical products. The Company is foreign investment.

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About Citatah Tbk.

Citatah was the first private company to develop Indonesia’s marble resources, and has been involved in the extraction and processing of marble for twenty five years. Established in 1974, the company began mining began mining beige marble from its quarry near Bandung, and subsequently achieved a dominant market position for its material in Indonesia. In January 1996, the company acquired a 90% shareholding in PT Quarindah Ekamaju Marmer, a marble company with quarries and a modern processing plant in Singkep, South Sulawesi. Soon after, Citatah acquired a license to mine an additional quarry at Pingkep, which increased the company’s potential raw material output to 60,000 cubic meters a year. In 1998, Citatah opened its Special Projects Centre at Karawang, East of Jakarta. This processing facility comprises a marble and granite slab cutting and polishing factory alongside a design and fabrication factory, which houses a variety of specialist cutting, shaping and finishing machinery. The special projects center is considered to be one of the most modern and complete stone fabrication factories in the world. In 1999, Citatah began excavation at a 50 hectare quarry site in West Timur. This new quarry produces a unique and attractive beige marble which will become the company’s principal export product for the new millennium. Work has already begun on the necessary infrastructure to fully develop the quarry site.  An international sales network of agents and representatives supports Citatah’s production, and a majority owned sales subsidiary, UGMC Inc., in California, USA. In 1999, three quarters of the company’s production was exported, mainly to markets in the Asia Pacific region and the US, an overseas revenues accounted for over 90% of Total Sales, and in 2000, 75% of Total Sales.

Read more on CTTH