Citra Marga Nusaphala Persada Tbk. vs Panca Budi Idaman Tbk. — how do they compare? Citra Marga Nusaphala Persada Tbk. trades at Rp1,345 (market cap 9.01T), while Panca Budi Idaman Tbk. trades at Rp480 (market cap 3.6T). The key difference: Citra Marga Nusaphala Persada Tbk. is far larger — about 2.5× Panca Budi Idaman Tbk.'s market cap. Which is the better fit depends on your goals.
| CMNP | PBID | |
|---|---|---|
Market Cap | 9.01T | 3.6T |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Marga Nusaphala Persada Tbk (the Company) was established within the framework of the Domestic Investment Law No. 6 of 1968, as amended by Law No. 12 of 1970 based on Notarial Deed No. 58 dated April 13, 1987 of Kartini Muljadi, S.H.The Company derives its revenues primarily from tollgate proceeds, project management fees and, to a lesser extent, from services related to the operations of a toll way system. The Company started commercial operations on March 1990. On June 19th, 1996, the Tanjung Priok – Jembatan Tiga toll road started commercial operations.
Read more on CMNP →PT Panca Budi Idaman (The Company) was established by Notarial Deed No.16 dated January 10, 1990 made before Notary Endang Irawati Ekaputri, S.H.,which was amended by Notarial Deed No.3 dated July 2, 1997 made before Notary Jenny Jacinta Lukas, S.H., and Deed No. 10 dated October 17, 1997 made before Notary Kiagus Zainal Arifin, S.H. Panca Budi Group was founded by Djonny Taslim in 1979 who started his career as a general merchant distributing plastic bags made from PP, HDPE and PE. In 1990, Djonny Taslim established PT. Panca Budi Idaman ("the Company") to produce and distribute finished products of plastic bags. The Company commenced its commercial operation by producing plastic bags in 1991.
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