122
+1.67%
Close of 9 Nov 2026, in IDR
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About City Retail Developments Tbk PT
Its shares trade on IDX under the ticker NIRO.JK. It has been listed since 13 September 2012. In the fiscal year to 31 December 2025, it reported revenue of IDR 1.52trn and a net loss of IDR 200.11bn. At that date it held total assets of IDR 14.39trn and shareholders' equity of IDR 1.70trn.
PT City Retail Developments Tbk engages in real estate development, trading, and managing shopping malls. The company is headquartered in Kuningan, Jawa Barat. The company went IPO on 2012-09-13. The firm develops, operates and owns various shopping malls across Indonesia. The Company’s business activities comprise construction, service, trading, industry and investment. The firm engages in several business activities, which include shopping centers, real estate, hotels, and others. Real estate covers the sale of land lots, Condotel, and shophouses (ruko). Others include investments outside real estate activities. The Company’s subsidiaries include PT Pejaten Semesta Raya (PSR), PT Karya Bersama Takarob, PT Kalingga Murda (KM), PT Danadipa Aluwung (DA), PT Dhanika Sejahtera Makmur (DSM), PT Tunas Mitra Usaha (TMU), PT Mahawira Rajendra Jaya (MRJ), PT Binjai Hatua Makmur (BHM), PT Tunas Mitra Usaha (TMU), PT Nirvana Wastu Utama (NWU), PT Buana Baru Prima (BBP), PT Melia Arjuna Bejana (MAB), PT Adhirajasa Hanasta Pratama (AHP) and PT Nirvana Wastu Karya Pratama (NWKP).
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
- 13 Sept 2012
- Employees
- 176
- Website
- cityretaildevelopments.com ↗
Leadership
Pay as last reported
- Mr. Pingki Elka PangestuPresident Commissioner, Independent Commissioner
- Mr. Soekarman Wiraatmadja KusnadiPresident Director
- Mr. Timothy DalyDirector
- Mr. .. HasanIndependent Director, since 2012
- Mr. Musa SinambelaIndependent Director
- Ir. Leander NauliCommissioner
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
- PT City Retail Developments Tbk owns various shopping malls across Indonesia.
- The firm employs 176 full-time employees in its operations.
- Real estate covers the sale of land lots and Condotel units.
Weaknesses
- The company is headquartered in KUNINGAN, Jawa Barat.
- PT City Retail Developments Tbk went IPO on 13 September 2012.
- Business activities comprise construction, service, trading, industry and investment sectors.
Opportunities
- The company engages in trading and managing shopping malls effectively.
- Subsidiaries include PT Pejaten Semesta Raya and PT Karya Bersama Takarob.
- Others include investments outside real estate activities for growth.
Threats
- The firm operates in the competitive Real Estate industry sector.
- PT City Retail Developments Tbk manages multiple subsidiaries like PT KM.
- Real estate development requires significant capital and operational resources.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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