Citatah Tbk. vs Tower Bersama Infrastructure Tbk. — how do they compare? Citatah Tbk. trades at Rp106 (market cap 134.16B, 1.44M 24h volume), while Tower Bersama Infrastructure Tbk. trades at Rp1,435 (market cap 32.97T, 21.9K 24h volume). The key difference: Tower Bersama Infrastructure Tbk. is far larger — about 245.8× Citatah Tbk.'s market cap, and Citatah Tbk. is more actively traded (1.44M versus 21.9K). Which is the better fit depends on your goals.
| CTTH | TBIG | |
|---|---|---|
Market Cap | 134.16B | 32.97T |
Volume | 1.44M | 21.9K |
Lot | 14.42K | 219 |
Turnover | 156.32M | 31.4M |
Average Price | 108.41 | 1,433.63 |
Value | 156.32M | 31.4M |
Indicative Equilibrium Price | 111 | 1,450 |
Indicative Equilibrium Volume | 144 | 13 |
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 Tower Bersama Infrastructure (the Company) was established under its original name of PT Banyan Mas on Nov 8th, 2004 then changed to PT Tower Bersama Infrastructure based on Notaries Deed dated Oct 24, 2009 and the deed of establishment was approved by the the Ministry of Justice dated Feb 13, 2008. The Company’s articles of association has been amended several times, most recently by notarial deed No. 145 of Aulia Taufani, S.H., dated Jul 21, 2010, concerning among others, the change in the Company’s name, equity, public company and for the amendments in the company's whole articles of Association to comply with the requirements of the Capital Market and Financial Institutions Supervisory Agency.
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