Indonesian Capital Market Directory 2006

Financial
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PT. Argo Pantes Tbk.

Financial Performance:
The Company was still booked a net loss in 2005 worth
IDR214 billion or falling slightly versus the 2004 net loss
which reaches IDR233 billion. The lower net loss was due to
decrease in other expenses from IDR250 billion to IDR152
billion.
Brief History:
PT Argo Pantes Tbk. is the flagship company of Argo
Manunggal Group, one of Indonesia's largest business
enterprises. Over the years the Group has consolidated it
position as a leaders in the business community with its diverse
activities encompassing textiles, steel, real estate and property
development, financial services, cocoa plantations, poultry,
PVC pipes, tyres and containers. In the textile division, the
group has 20 companies, with total spindles of 685,430 and
total production of 69000 bales/months. PT. Argo Pantes Tbk.
was established in 1977 and since 1991 has been listed on both
the Jakarta and Surabaya Stock Exchanges. Argo Pantes has
grown into a leading integrated textile manufacturer, with its
spinning , weaving, yarn dyeing, piece dyeing and finishing
operations being amongst the biggest and finest in Indonesia
today. The underlying commitment of the company has been
provide high quality products, delivered on time and at
competitive prices. This is achieved by the continuous
investment in people and machineries. In 1997, the company
achieved the ISO 9002 Certification issued by SGS Indonesia.
This portrayed the quality conscious culture of the organization
and helped the company to maintain and increase export sales
to international markets. Today , export sales has reached 80%
and covers more than 200 International Customers in 40
Countries Worldwide, such as: Levi's, Liz Claiborne , Marks
& Spencer, Nike and Tommy Hilfiger . Argo Pantes today is
name synonymous with products which are among the finest in
the industry. An accolade well earned and one that ranks the
company in a class of this of its own.

Head Office Wisma Argo Manunggal 16th Floor

Jl. Gatot Subroto No. 95, Kav. 2
Jakarta Selatan 12930
Phone (62-21) 252-0065, 252-0068
Fax (62-21) 252-0108, 252-0029
http://www.argo.co.id
supriadi.ap@argo.co.id
Factories

Jl. M.H Thamrin Kav.4, Cikokol

Tangerang 15117 Banten
Phone (62 21) 5575-0779, 5575-3838
Fax (62-21) 5575-3255
Industrial Town Estate MM 2100
Desa Gandamekar - Cibitung
Bekasi 17520
Phone (62 21) 898-0079/92
Fax (62- 21) 898-0370

Business

Textile

Company Status

PMDN

Board of Commissioners
President Commissioner Drs. Sidik Murdiono
Commissioners
Karman Widjaja
Marcia Sutedja
Letjend. TNI (Purn) Toni Hartono
Doddy Soepardi Haroen Al Rasyid
Board of Directors
President Director
The Nicholas
Directors
Sjambirie Lioe
Arun Taneja
Number of Employees

4,250

Shareholders
PT Dharma Manunggal
The Ning King
Lie Ang Sioe Nio
Public

37.21%
12.78%
7.25%
42.76%

Underwriters
PT MERINCORP
PT Asian Development Securities
PT Danareksa