Adi Sarana Armada Tbk vs Lupromax Pelumas Indonesia Tbk. — how do they compare? Adi Sarana Armada Tbk trades at Rp605 (market cap 2.23T), while Lupromax Pelumas Indonesia Tbk. trades at Rp117 (market cap 76.05B). The key difference: Adi Sarana Armada Tbk is far larger — about 29.3× Lupromax Pelumas Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| ASSA | LMAX | |
|---|---|---|
Market Cap | 2.23T | 76.05B |
Trailing returns across standard periods
Latest headlines on both assets
PT. Adi Sarana Armada (the Company) was established in the Republic of Indonesia on December 17, 1999 based on the Notarial Deed no.56 of Misahardi Wilamarta, S.H. The Company's Articles of Association have been amended several times, the latest of which was covered by Notarial Deed no.11 of Liliek Zaenah, S.H., dated June 26, 2012, about the change in the Company's shareholders.
Read more on ASSA →PT Lupromax Pelumas Indonesia Tbk formerly PT Karya Pelumas Indonesia (the Company) was established based on Notarial Deed No. 42 dated February 27, 2017 of Meissie Pholuan, S.H., notary in Jakarta. The Company started its commercial operations in 2017.
Read more on LMAX →