Skip to Content Facebook Feature Image

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

Business

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000
Business

Business

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

2024-06-18 18:55 Last Updated At:19:15

JAKARTA, Indonesia, June 18, 2024 /PRNewswire/ -- PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) proudly announce its recognition as the largest company in Indonesia according to the prestigious Forbes Global 2000 for 2024. The list, published by Forbes International, a leading authority in global financial and business media, was released in New York on Thursday, June 13. The Global 2000 ranks the world's largest companies based on four key metrics: sales, profits, assets and market value, each weighted equally.

According to Forbes International's official website, nine companies are from Indonesia, with BRI holding the top position. BRI is ranked at 308, followed by Mandiri (373), BCA (457), Telkom Indonesia (912), BNI (944), Bayan Resources (1,194), Chandra Asri Petrochemical (1,591), Amman Mineral (1,605) and Adaro Energy (1,738).

"The annual Forbes Global 2000 list reflects the world's largest companies that are driving markets, along with growing industries and emerging trends," said Hank Tucker, Forbes writer. "This year's list shows how global markets are interconnected and highlights the ongoing trend of artificial intelligence, which is reflected in the rising ranks of semiconductor companies," he added.

The list includes performance data spanning the past 12 months through May 17, 2024. BRI's impressive ranking of 308 outperforms other multinational companies including Starbucks, Renault, Nissan Motor, Uber, Vodafone, HP and Softbank. During this period, BRI reported revenues of $14.95 billion, profits of $3.6 billion, total assets of $125.45 billion, and a market value of $46.5 billion.

Successfully weathering economic challenges, BRI President Director Sunarso expressed both appreciation and pride in this achievement, "Once again, the international community has recognized BRI's robust performance and its pivotal role as a state-owned enterprise with significant global impact."

In terms of performance, BRI recorded positive profit growth of IDR 15.98 trillion in Q1 2024. BRI also disbursed loans amounting to IDR 1,308.65 trillion, growing 10.89% year-over-year. Of these loans, 83.25%, or IDR 1,089.41 trillion, are for the MSME segment.

Meanwhile, BRI's third-party funds grew faster by 12.80% to IDR 1,416.21 trillion. The company's total assets also increased by 9.11% to IDR 1,989 trillion. From a capital perspective, BRI is supported by a strong CAR of 23.97% with a loan-to-deposit ratio (LDR) of 83.28%. The company also maintains an NPL coverage ratio of 214.26%.

For more information about Bank BRI, please visit https://www.bri.co.id/

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

BRI Emerges as Indonesia's Highest-Ranked Company in Forbes Global 2000

FONTANA, Calif., July 14, 2024 /PRNewswire/ -- Finding a perfect ergonomic chair is a top concern for those who sit for extended periods. Since we spend most of our time at our desks, a perfect ergonomic chair is crucial for long work, meetings or gaming. This excellent Hbada E3 Ergonomic Office Chair is available at a very low price and can alleviate the burden of prolonged sitting.

If you are looking for a chair suitable for long hours of work or entertainment, you can get it at an incredibly low price thanks to Amazon Prime Day discounts.

Buy the Hbada E3 Ergonomic Office Chair on the official website and enjoy a $420 discount.

Product Model: E301WPA

Regular Price: $899.99

Promotional Price: $479.99

Discount: $420

Purchase Link on the Official Website:

https://hbada.com/products/hbada-e3-wpa-ergonomic-chair-white 

Hbada E3 Ergonomic Office Chair is priced at only $479.99 on Amazon.

Product Style: Modern

Regular Price: $599.99

Promotional Price: $479.99

Discount: $120 (20% off)

Amazon Purchase Link:

https://amzn.to/3wC3WAm 

Professional and Comfortable Ergonomic Chair

The Hbada E3 Ergonomic Office Chair features the brand's unique T-shaped support system, alleviating lower back pain, shoulder pain, and neck pain, perfectly solving the issues associated with prolonged sitting. This innovative "T-shaped Linkage Support System" delves into the research of three-zone lumbar support, aiming to address discomfort caused by prolonged sitting, fundamentally improving the living conditions of young professionals in work environments.

The Hbada E3 Ergonomic Office Chair boasts ergonomic features: 3-zone floating lumbar support, 4-dimensional dual-axis headrest, and 6D mechanical armrests. Each part is designed with multidimensional adjustments to meet the support needs of different people in various scenarios. Fine-tune the adjustments to find the most suitable support angle, making it feel like a custom fit. The chair also features reclining, seat depth, and seat height adjustments, enhancing the comfort of prolonged sitting and offering thoughtful protection.

The Hbada E3 Ergonomic Office Chair uses a mesh design throughout, with high-elastic mesh material that increases support, comfort, and pressure distribution for prolonged sitting. The key areas use Air microporous breathable mesh, which is breathable and pressure-relieving, ensuring no sweat buildup during long hours of sitting. It's the best choice for a professional ergonomic chair.

In summary, the Hbada E3 Ergonomic Office Chair provides a comfortable solution for prolonged sitting. Its ergonomic design significantly enhances the comfort of long hours of sitting. During the Amazon Prime Day promotion, the Hbada brand offers great discounts, making it worth purchasing.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Amazon Prime Day Promotion: Hbada E3 Ergonomic Office Chair at Its Lowest Price of the Year, Limited Time Discount

Recommended Articles