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Trades about 11% below its sector, cheaper than its peers on earnings.
Operating in Indonesia, PT Alam Sutera Realty Tbk functions as a comprehensive real estate development firm. Its core business involves the creation and management of diverse property categories, including residential communities, commercial zones, industrial parks, shopping centers, and recreational and hospitality establishments. Beyond its property ventures, the company offers an array of services such as building management, advisory, investment, and general business support, in addition to providing money lending services. It is also active in the tourism industry and sells various goods. The company, which was initially known as PT Adhihutama Manunggal, changed its name to PT Alam Sutera Realty Tbk in September 2007. Founded in 1993, its main headquarters are located in Jakarta, Indonesia.
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