JAKARTA - PT Baramulti Suksessarana Tbk (BSSR) is named under two categories of Indeks Tempo-IDNFinancials 52, or Indeks52, namely High Growth and High Dividend, after an annual evaluation of criteria took place.

BSSR enters as a constituent under High Growth category after observing its net profit performance, which soared in 2021 to USD 205.16 million from only USD 30.5 million in 2020.

Although coal mining industry weakened last year due to slowing down of commodity prices, BSSR still amnaged to bring out steady net profit performance at USD 162 million in 2023, a slight slip from its peak performance of USD 240 million in 2022. Therefore, compound annual growth rate (CAGR) of its net profit arrives at 43.06%.

BSSR’s placement in High Dividend is inevitable, as this company is one of the few issuers in the stock exchange that has 3 rounds of dividend distribution within one fiscal year. With an average dividend yield within the past 5 years of 20.79%, BSSR has the highest dividend yield ratio amidst 84 constituents of Indeks52.

Indeks52, after its major evaluation, lists 84 high-quality issuers that have met several criteria, ranging from market cap size, profit growth, average dividend yield, daily average transaction volume and frequency, number of shareholders, as well as minimum free float of 7.5%.

In the meantime, Malam Apresiasi Emiten Indeks52, which is held in Balikpapan this Friday (26/7), will present appreciation for attending issuers, which come from various categories of Indeks52, namely Main Index, High Growth, High Dividend, and Big Market capitalisation. (ZH)