Indofood CBP Sukses Makmur Tbk. vs Lippo Karawaci Tbk. — how do they compare? Indofood CBP Sukses Makmur Tbk. trades at Rp6,600 (market cap 76.97T), while Lippo Karawaci Tbk. trades at Rp60 (market cap 4.25T). The key difference: Indofood CBP Sukses Makmur Tbk. is far larger — about 18.1× Lippo Karawaci Tbk.'s market cap. Which is the better fit depends on your goals.
| ICBP | LPKR | |
|---|---|---|
Market Cap | 76.97T | 4.25T |
Trailing returns across standard periods
Latest headlines on both assets
PT Indofood CBP Sukses Makmur (the company) was established on Sept 2, 2009, based on Notarial Deed No.25 of Herdimansyah Chaidirsyah, S.H. The Company’s Articles of Association was amended several times, the latest of which was covered in the Notarial Deed no.28 of Benny Kristianto dated Jun 10, 2010, among other, 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.The Company was a spin-off of the noodle division and food ingredient division of PT Indofood Sukses Makmur Tbk, the shareholder of the Company, and started to carry out the related business operations on Oct 1, 2009.
Read more on ICBP →PT Lippo Karawaci Tbk was established under the name of PT Tunggal Reksakencana on October, 1990. The Company's scope of activities includes real estate, urban development and infrastructure, industrial estate development, general facilities and infrastructure development, services and investments, both direct and indirect, either through its subsidiaries or in joint venture with other parties.
Read more on LPKR →