Citatah Tbk. vs Langgeng Makmur Industri Tbk. — how do they compare? Citatah Tbk. trades at Rp109 (market cap 136.62B, 3.38M 24h volume), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 139.18B, 244.8K 24h volume). The key difference: Citatah Tbk. and Langgeng Makmur Industri Tbk. are close in size by market cap, and Citatah Tbk. is more actively traded (3.38M versus 244.8K). Which is the better fit depends on your goals.
| CTTH | LMPI | |
|---|---|---|
Market Cap | 136.62B | 139.18B |
Volume | 3.38M | 244.8K |
Lot | 33.83K | 2.45K |
Turnover | 370.83M | 34.79M |
Average Price | 109.63 | 142.1 |
Value | 370.83M | 34.79M |
Indicative Equilibrium Price | 109 | 139 |
Indicative Equilibrium Volume | 1.66K | 28 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
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