Newport Marine Services Tbk. vs Bukit Asam Tbk. — how do they compare? Newport Marine Services Tbk. trades at Rp111 (market cap 388.69B), while Bukit Asam Tbk. trades at Rp2,420 (market cap 27.88T). The key difference: Bukit Asam Tbk. is far larger — about 71.7× Newport Marine Services Tbk.'s market cap. Which is the better fit depends on your goals.
| BOAT | PTBA | |
|---|---|---|
Market Cap | 388.69B | 27.88T |
Trailing returns across standard periods
Latest headlines on both assets
PT Newport Marine Services (the Company) was established based on notarial Deed No. 57 dated July 25, 2008 of Sitaresmi Puspadewi Subianto, S.H., notary in Surabaya. The Company has started its commercial operation in 2009. The Company does not have parent entity. The ultimate shareholder of the Company is owned by an individual namely Dharmawati Djuhana, Sujaya Soekarno Putra and Surya Soekrno Putra.
Read more on BOAT →PT Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
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