PT Bakrie & Brothers Tbk. (“Perseroan” atau “BNBR”) meraih pendapatan bersih sebesar Rp 3,75 triliun di sepanjang tahun 2023. Capaian ini secara year on year naik sebesar Rp 132,79 miliar atau 3,66% dibanding periode sama di tahun 2022 sebesar Rp 3,63 triliun. Perseroan juga memperoleh EBITDA positif sebesar Rp 446 miliar di sepanjang tahun 2023, naik sebesar Rp 84 miliar atau 23,2% dibanding periode yang sama di tahun sebelumnya sebesar Rp 362 miliar.

"This achievement is one of the results of the Company's efforts to continuously refresh its business units with a focus on strengthening the foundation for sustainable business and continually increasing competitiveness," said President Director & CEO of PT Bakrie & Brothers Tbk., Anindya Novyan Bakrie, after the Annual & Extraordinary General Meeting of Shareholders (GMS), in Jakarta, Friday (21/6/2024).

Pendapatan bersih yang naik tersebut berasal dari kenaikan pendapatan PT Bakrie Metal Industries (BMI) Group sebesar Rp 49,3 miliar dan PT Multi Kontrol Nusantara (MKN) sebesar Rp 102,3 miliar.

Lebih Ramping

BNBR Finance Director Roy Hendrajanto M. Sakti added that currently the Company's balance sheet is much slimmer and healthier. Especially with the settlement of derivative obligations to one of the creditors amounting to USD 854.7 million or equivalent to IDR 13.1 trillion.

With this debt settlement, the Company's debt to equity ratio has become much better and healthier from IDR 12.08 trillion or 10.44x in the previous year, to IDR 589.27 billion or 1.67x in 2023. "Thus, the balance sheet condition "The company has become leaner and healthier, so it is hoped that in the future BNBR can grow faster than before," said Roy.

Rencana Kuasi Reorganisasi

Para pemegang saham dalam Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) BNBR, pada Jumat (21/6/2024), menyetujui rencana kuasi reorganisasi yang akan dilaksanakan oleh Perseroan.

Roy stated that this quasi reorganization was carried out to improve the condition of the Company's consolidated financial position report so that it can show a better financial position and the Company's performance without being burdened by past deficits.

Roy merinci, terdapat lima tujuan dari kuasi reorganisasi yang akan dilaksanakan oleh Perseroan. Pertama, dengan aksi korporasi ini Perseroan dapat memulai awal yang baru (fresh start) dengan neraca keuangan yang menunjukkan saldo laba tanpa dibebani defisit masa lampau.

Second, improve the Company's equity structure by eliminating accumulated losses (deficits) by using other equity components such as share premium, differences in transactions with non-controlling parties and a decrease in share capital.

Ketiga, dengan kondisi neraca keuangan yang menunjukkan nilai sekarang tanpa dibebani defisit masa lampau, Perseroan diharapkan akan lebih mudah memperoleh pendanaan, jika diperlukan, dalam rangka pengembangan usaha.

Keempat, dengan tidak adanya saldo defisit, maka akan dapat memberikan dampak positif bagi para pemegang saham karena Perseroan dapat membagi dividen sesuai dengan peraturan yang berlaku, termasuk Undang-undang Perseroan Terbatas (UUPT).

"Fifth, increase investor interest and attraction to own Company shares, so it is hoped that this will also increase the trading liquidity of the Company's shares," explained Roy.

Performa Keuangan Membaik

Roy Hendrajanto mengatakan, dari tahun ke tahun Perseroan juga secara konsisten menunjukkan tren performa keuangan yang membaik. Hal ini terlihat dari peningkatan pendapatan sebesar 25,33% CAGR selama periode tahun 2021 hingga 2023 .

"The increase in the Company's revenue was largely due to the development of the Company's business through its subsidiary PT VKTR Teknologi Mobilitas Tbk. (VKTR) which operates in the field of electric vehicle sales, PT Bakrie Metal Industries (BMI) and its subsidiaries which operate in the field of corrugated steel fabrication, steel pipe fabrication and steel construction and PT Bakrie Indo-Infrastructure (BIIN) which operates in the construction sector and infrastructure services including telecommunications infrastructure," said Roy.

Moreover, continued Roy, this positive performance trend can also be seen from the increase in the Company's operating profit for three consecutive years, respectively amounting to IDR 20.69 billion, IDR 231.91 billion and IDR 348.31 billion, with an average margin of operating profit of 5.51%.

In the period 2021 to 2023, the Company has current year profits attributable to owners of the parent entity of IDR 63.67 billion in 2021, IDR 266.13 billion in 2022 and IDR 237.46 billion in 2023, respectively. "The three-year average of current year profits attributable to the owners of the parent entity is IDR 189.09 billion," explained Roy.

Selanjutnya, Perseroan memiliki prospek yang baik, terbukti dengan adanya laba tahun berjalan yang positif dalam laporan keuangan konsolidasian tahunan yang diaudit selama 3 (tiga) tahun berturut-turut, masing-masing sebesar Rp86,78 miliar di tahun 2021, Rp306,15 miliar di tahun 2022, dan Rp264,46 miliar di tahun 2023.

Bisnis Berkelanjutan

The Company's subsidiary operating in the electric vehicle industry is PT VKTR Teknologi Mobilitas Tbk. (“VKTR”) in early 2024 has succeeded in establishing strategic cooperation by forming a joint venture with the Salim Group entity, PT IMG Sejahtera Langgeng, a subsidiary of the Indomobil Group to boost the adoption of electric vehicles (EV) in Indonesia.

Selain itu, VKTR melalui perusahaan patungan bernama PT VKTR Sakti Industries (“VKTS”), di Magelang, Jawa Tengah, di awal 2024 juga telah mulai melakukan groundbreaking pembangunan fasilitas kendaraan listrik komersil berbasis Completely Knock Down (CKD) pertama di Indonesia.

VKTR juga telah menyelesaikan produksi 8 unit bus listrik merek BYD tipe D9 high floor yang digunakan oleh salah satu perusahaan kertas di Indonesia sebagai moda transportasi antar-jemput karyawan.

Lebih dari itu, BNBR juga tengah mempercepat pengembangan infrastruktur energi baru terbarukan, yang dikembangkan melalui anak usaha PT Bakrie Power, yakni PT Helio Synar Energi (Helio). Setelah berhasil mengembangkan fasilitas Pembangkit Listrik Tenaga Surya (PLTS) Atap, di pabrik PT Braja Mukti Cakra (BMC), Helio juga akan segera membangun PLTS Atap di pabrik-pabrik dan fasilitas operasional lainnya di lingkungan Grup Bakrie dengan kapasitas yang lebih besar.

"Through Helio, the company is specifically working on renewable energy generation projects that are environmentally friendly and become a future trend," said Anin.

BNBR juga merintis usaha baru melalui PT Modula Sustainability Indonesia (“Modula”), yang berinvestasi di subsektor teknologi konstruksi pencetakan 3-dimensi (3DCP), berpatungan dengan COBOD International dari Denmark yang dimiliki perusahaan terkemuka dunia seperti GE (USA), Cemex (Belanda), Holcim (Swiss) dan Peri (Jerman).

Pada Mei 2024 lalu, Modula telah melakukan peluncuran mesin 3D construction printing tipe BOD3 yang teknologinya telah banyak digunakan di Eropa. Di Indonesia, BNBR merupakan pionir dalam penggunaan teknologi paling mutakhir di industri kontruksi 3D printing ini.

"Thank God, in Indonesia BNBR through Modula is a pioneer in the construction industry that uses 3D Construction Printing. We hope that this technology will be able to catch up with the housing backlog in Indonesia, especially in the building and housing construction segment, which is also in line with ESG principles," said Roy.

Unit Usaha Lain

Throughout 2023, the BNBR business unit has succeeded in achieving proud achievements. BNBR's subsidiary in the steel pipe industry, PT Bakrie Pipe Industries ("BPI"), was able to record revenue of IDR 2.16 trillion, or an increase of 4.9% compared to revenue in the same period last year which was IDR 2.06 trillion. The majority of BPI's increase in revenue came from orders from the Oil and Gas sector amounting to IDR 82.6 billion, and General Market orders amounting to IDR 17.9 billion.

BIIN recorded sales of IDR 410 billion, or an increase of 33.3% compared to the same period in the previous year of IDR 307 billion. This increase came from PT Multi Control Nusantara ("MKN") income from a number of projects carried out by the Company.

Meanwhile, the revenue of BNBR's subsidiary in the automotive components industry, PT Bakrie Autoparts ("BA") Group, rose 12%, from IDR 934.8 billion in the previous year to IDR 1.05 trillion in 2023. This occurred due to an increase in demand from The main customers of the automotive market, both OEM and OES (Hino, Mitsubishi, Isuzu) in 2023, especially regarding new projects after Covid-19 and the transition of vehicle technology from EURO 2 to EURO 4.