770
-4.35%
Close of 9 Nov 2026, in IDR
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About Gowa Makassar Tourism Development Tbk PT
Its shares trade on IDX under the ticker GMTD.JK. It has been listed since 11 December 2000. In the fiscal year to 31 December 2025, it reported revenue of IDR 288.53bn and net income of IDR 32.18bn. At that date it held total assets of IDR 1.40trn and shareholders' equity of IDR 859.24bn.
PT Gowa Makassar Tourism Development Tbk engages in the real estate and urban development and investment, such as integrated residential estates, apartments, condominiums, hotels, recreational facilities, commercial complexes, and other supporting facilities. The company employs 97 full-time employees The company went IPO on 2000-12-11. The firm operates through two business segments: the real estate sector, which includes the sale of housing units, shop houses and ready-to-build land (kaveling), as well as supporting segments consisting of the management of Akkarena Beach Recreation Area and Township management. The company focuses on Makassar, Indonesia as its operational area. The firm is a developer of an integrated residential, commercial, business and tourism area located in Tanjung Bunga, Makassar City with an area of approximately 1,000 Ha located in the southwest city of Makassar, South Sulawesi. The Company’s wholly owned subsidiaries include PT Kenanga Elok Asri and PT Griya Eksotika Utama.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Listed since
- 11 Dec 2000
- Employees
- 97
- Website
- tanjungbunga.com ↗
Leadership
Pay as last reported
- Prof. Dr. Didik Junaedi RachbiniIndependent President Commissioner
- Mr. Ali SaidPresident Director
- Mr. Iqbal FarabiDirector
- Drs. Danang Kemayan JatiDirector
- Mr. Andi Eka Firman ErmawanCorporate Secretary
- Dra. Kamsinah ..Commissioner
- Mr. Zulham AriefCommissioner
- Mr. Maqbul HalimCommissioner
- Drs. Theo L. SambuagaCommissioner
- Dr. Hinca Ikara Putra PandjaitanIndependent Commissioner
- Prof. Dr. Irawan YusufIndependent Commissioner
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- The company develops integrated residential and tourism areas in Tanjung Bunga, Makassar, covering 1,000 Ha.
- PT Gowa Makassar Tourism Development Tbk manages Akkarena Beach Recreation Area and Township facilities.
- The firm operates through two business segments: real estate sales and supporting management services.
Weaknesses
- The company employs only 97 full-time employees in the Real Estate sector.
- PT Gowa Makassar Tourism Development Tbk focuses solely on Makassar, Indonesia for operations.
- The firm has no subsidiaries beyond PT Kenanga Elok Asri and PT Griya Eksotika Utama.
Opportunities
- Expanding into other regions of Indonesia beyond Makassar could increase market reach.
- Developing new tourism and commercial complexes in Tanjung Bunga offers growth potential.
- The growing demand for integrated residential areas in South Sulawesi presents opportunities.
Threats
- Economic downturns in South Sulawesi could impact real estate sales.
- Competition from other developers in Makassar may affect market share.
- Changes in government policies on urban development might restrict operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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