PT Lippo Karawaci Tbk - Company Profile
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PT Lippo Karawaci Tbk (Lippo Karawaci) is a provider of real estate and property development services. The company portfolio comprises real estate properties such as homes, townships, hospitals, hotels and leisure, asset management, malls, commercial, retail, and industrial properties. Lippo Karawaci operates hospitals under the brand name Siloam. The company also offers comprehensive specialized medical services including complex surgery, laboratory, radiology and imaging facility, fertility treatment, general healthcare, diagnostic and emergency services. It operates through various subsidiaries and has a significant presence in Indonesia, with a large landbank and multiple properties across the country. The company has a presence in Jakarta, Medan, Palembang, Makassar, and Manado, in Indonesia. Lippo Karawaci is headquartered in Tangerang, Banten, Indonesia.
PT Lippo Karawaci Tbk premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Property Development: | Lippo |
| Townships | Aryaduta |
| Hospitals | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Divestiture | In August, the company sold its majority stake in Siloam International Hospitals to Sight Investment Company Pte Limited. |
| 2020 | Divestiture | In December, the company agreed to sell Lippo Mall Puri, to Lippo Malls Indonesia Retail Trust. |
| 2019 | Divestiture | In April, the company sold its 40% stake in Yoma Siloam Hospital Pun Hlaing Limited and a 35% stake in Pun Hlaing International Hospital Limited to OUE Lippo Healthcare Limited for USD19.5 million. |
Competitor Comparison
| Key Parameters | PT Lippo Karawaci Tbk | PT Bumi Serpong Damai Tbk | PT Ciputra Development Tbk | PT Summarecon Agung Tbk | PT Pakuwon Jati Tbk |
|---|---|---|---|---|---|
| Headquarters | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia |
| City | Tangerang | Tangerang | Jakarta | Jakarta Timur | Surabaya |
| State/Province | Banten | Banten | - | Daerah Khusus Ibukota Jakarta Raya | Jakarta |
| No. of Employees | 1,708 | 2,461 | 4,935 | 2,687 | 3,274 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John A. Prasetio | Chairman | Executive Board | 2019 | 74 |
| John Riady | Chief Executive Officer; Director | Executive Board | 2019 | 38 |
| Ketut Budi Wijaya | Commissioner | Non Executive Board | 2024 | 69 |
| Daniel Phua | Director | Non Executive Board | 2021 | - |
| Ginandjar Kartasasmita | President Commissioner | Executive Board | 2024 | 83 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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