Local Wisdom Go Global, Jamu Establishment of Company
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Jl. Pulo Kambing II No.1 Kawasan Industri Pulogadung Jakarta 13930 - Indonesia Phone : (62-21) 460 3717 Fax : (62-21) 468 26316 Email : [email protected] www.martinaberto.co.id Pabrik/Factory : Local Jl. Pulo Kambing II No. 1 Kawasan Industri Pulogadung Jakarta 13930 - Indonesia Phone : (62-21) 460 3717 Fax : (62-21) 468 26316 Wisdom Jl. Raya Narogong KM 4 Kelurahan Bojong Bambu Rawalumbu, Bekasi 17116 Go Global Phone : (62-21) 821 5710 / 820 4091 Fax : (62-21) 824 04589 / 8204 107 DAFTAR ISI Table of Contents IKHTISAR KINERJA PERFORMANCE HIGHLIGHTS Keunggulan Perseroan Company Advantages 2 Tonggak Sejarah Milestones 3 Ikhtisar Keuangan Financial Highlights 4 Pergerakan Harga Saham Movement Of Stock Prices 6 LAPORAN DIREKSI REPORT OF THE BOARD OF DIRECTORS 8 LAPORAN DEWAN KOMISARIS MESSAGE FROM THE BOARD OF COMMISSIONERS 12 LAPORAN KOMITE AUDIT REPORT OF THE AUDIT COMMITTEE 14 PROFIL PERUSAHAAN COMPANY PROFILE Profil Perusahaan Company Profile 17 Sejarah Singkat Brief History 17 kegiatan Usaha Business Activities 19 Produksi Production 19 Pemasaran Marketing 22 Distribusi Distribution 22 Struktur Organisasi Organization Structure 27 Visi dan Misi Vision and Mission 28 Profil Dewan Direksi Board of Directors Profile 29 Profil Dewan Komisaris Board of Commisioners Profile 31 Sumber Daya Manusia Human Resources 33 Pemegang Saham Shareholders 36 Kronologis Pencatatan Saham Chronology of Company Listing 38 Lembaga dan Profesi Penunjang Pasar Modal Institution and Profession Supporting Capital Market 38 Penghargaan 2018 Reward 2018 39 Peristiwa Penting 2018 Important Events During 2018 39 ANALISA DAN PEMBAHASAN MANAJEMEN MANAGEMENT DISCUSSION AND ANALYSIS Tinjauan Usaha Business Review 41 Tinjauan Keuangan Financial Review 44 Neraca Balance Sheet 46 Analisa Kemampuan Membayar Hutang dan Kolektibilitas Piutang Analysis on Company’s Solvency and Accounts Receivable 48 Prospek Usaha Business Prospect 49 Strategi Pemasaran dan Penjualan Marketing and Sales Strategy 50 Kebijaksanaan Dividen Dividend Policy 51 TATA KELOLA PERSEROAN GOOD CORPORATE GOVERNANCE Struktur Tata Kelola Perusahaan Structure of Good Corporate Governance 54 Rapat Umum Pemegang Saham General Meeting of Shareholders 54 Direksi Board of Directors 55 Dewan Komisaris Board of Commissioners 58 Komite Audit Audit Committe 59 Sekretaris Perusahaan Corporate Secretary 59 Profil Audit Internal Internal Audit Profile 62 Profil Komite Audit Internal Audit Profile 65 Manajemen Resiko Risk Management 66 Sistem Pelaporan Pelanggaran (Whistle Blowing System) (Whistle Blowing System) 68 TANGGUNG JAWAB SOSIAL PERUSAHAAN CORPORATE SOCIAL RESPONSIBILITY 72 TANGGUNG JAWAB PELAPORAN TAHUNAN RESPONSIBILITY FOR ANNUAL REPORTING 75 LAPORAN KEUANGAN FINANCIAL STATEMENTS 76 PT Martina Berto Tbk Laporan Tahunan 2018 1 KEUNGGULAN PERSEROAN Company Advantages Portofolio merek dan produk yang Strong brand and product portfolioin kuat pada segmen pasar premium premium until medium lowmarket sampai menengah kebawah segments Pemain terkemuka dalam industri Established player in indonesian kecantikan indonesia dengan bauran beauty & personal care industry produk yang luas dan terdiversifikasi with a largeand diversed product mix Keterkaitan dan sinergi dengan Linkage & sinergy with the marthatilaar martha tilaar group group Manajemen yang berpengalaman Experienced management team Research & development yang kuat Strong and market oriented research & dan berorientasi pasar development activities Jaringan distribusi yang unggul dan Superior distribution channels tersebar di seluruh Indonesia across Indonesia 2 PT Martina Berto Tbk Annual Report 2018 Tonggak Sejarah Milestones 1997 1981 1986 1993 1995 1999 Mulai beroperasi Di tahun 1981 Di tahun 1986 Di tahun 1993 Di 1995, merelokasi Perseroan dikuasai dengan Perseroan Perseroan Perseroan fasilitas herbal sepenuhnya oleh peluncuran membangun membangun pabrik mengakuisisi PT. Punung Putri dan keluarga Martha Sariayu sebagai pabrik pertamanya modern kedua di jl. Cedefindo yang dipindahkan ke Tilaar setelah merek dari salon di jl .Pulo Ayang Pulo kambing II no.1 , bisnis utamanya pabrik Pulo Ayang melewati krisis sendiri. no. 3 , Kawasan Kawasan Industri Pulo adalah kontrak menjadi kepada PT. moneter. Started Industri Pulo Gadung (“Pabrik Pulo manufaktur untuk Cempaka Belkosindo The Company fully operations with Gadung, dengan Kambing”). produk kosmetika. Indah (“CBI”/anak owned by Martha the launch of merek Sariayu the Company built the Company perusahaan ) serta Tilaar family after Sariayu brand in Martha Tilaar. its second modern acquired PT memproduksi passed the monetary own salon the Company built factory at Jl. Pulo Cedefindo whose merek Mirabella & crisis. its 1st factory at Kambing II/1, Pulo main business Cempaka. Jl. Pulo AyangNo. Gadung Industrial was in contract relocated herbal 3, Pulo Gadung Estate (“Pulo Kambing manufacturing for facility to Gunung Industrial Estate, Factory”). cosmetics products. Putri and transferred with Sariayu Pulo Ayang Factory Martha Tilaar to PT. Cempaka brand. Belkosindo Indah (“CBI”/subsidiary) to produce Mirabella & Cempaka brands 2005 2010 2011 2012 2013 2016 Digabung den- Meluncurkan Penawaran Peletakkan batu Membangun Membeli merek gan PT. CBIdan gerai Martha umum perdana pertama konstruksi fasilitas produksi Rudy Hadisuwarno dan mengalihkan Tilaar (MTS), di saham Perseroan pabrik baru herbal/ botol kemasan di untuk kategori produksi merek luar negeri untuk di Bursa Efek obat tradisional di pabrik Pulo Ayang. kosmetika dan Mirabella dan meraih pangsa Indonesia. Kampoeng Djamoe Established perawatan tubuh. Cempaka ke pasar interna- Initial Public Organik (KaDO), the packaging Acquired Rudy pabrik Pulo sional. Offering of MBTO Cikarang. production facility Hadisuwarno Kambing. Launched Martha shares in IDX Groundbreaking in Pulo Ayang trade mark for Merged with Tilaar Shop (MTS), construction of new Factory cosmetics, Beauty PT. CBI and outside Indonesia herbal/traditional and personal care transferred Mira- to grab interna- madicine in categories. bella & Cempaka tional market Kampoeng Djamu producrtion to share. Organik (KaDO), Pulo Kambing Cikarang. Factory. PT Martina Berto Tbk Laporan Tahunan 2018 3 IKHTISAR KEUANGAN Financial Highlights Keterangan/Description Dalam Rp juta/ In Rp Million LABA (RUGI)/PROFIT (LOSS) 2018 2017 2016 Penjualan/Sales 502,518 731,577 685,444 - Kosmetik/Cosmetic 414,275 663,968 629,036 - Jamu /Herbal 2,866 1,987 3,618 - lain2/ Others 85,376 65,622 52,790 Laba Kotor/Gross Profit 213,709 375,781 357,708 - Kosmetik/Cosmetic 185,071 345,263 327,402 - Jamu /Herbal 1,306 1,033 1,917 - lain2/ Others 27,332 29,484 28,389 Laba Usaha/Operating Profit (137,358) (17,005) 24,644 Laba Bersih/Net Profit (114,131) (24,691) 8,814 Laba Bersih yang dapat diatribusikan kepada: Pemilik entitas induk / Net income attributable to owners of parent company (114,131) (24,691) 8,813 Kepentingan non pengendali / Non controlling interest 0.01 0.12 0.16 Laba Bersih Komprehensif / Comprehensive Income (112,243) (28,184) 6,713 Laba Bersih Komprehensif yang dapat diatribusikan kepada: Pemilik entitas induk/ Comprehensive Net income attributable to owners of parent company (112,243) (28,184) 6,713 Kepentingan non pengendali/ Non controlling interest 0.01 0.07 0.13 Laba (Rugi) persaham dalam Rp./Earning Per Share in Rp. (106.66) (23.08) 8.24 EBITDA (112,059) 9,366 50,184 Jumlah Saham Beredar/Outstanding Shares 1,070,000,000 1,070,000,000 1,070,000,000 NERACA/BALANCE SHEET Aset Lancar/Current Asset 392,358 520,384 472,762 Modal Kerja Bersih/Net Working Capital 152,154 268,136 317,477 Jumlah Investasi 500 500 - Total Aset/Total Asset 648,017 780,670 709,959 Kewajiban Lancar/Current Liabilities 240,204 252,248 155,285 Jumlah Kewajiban/Total Liabilities 347,517 367,927 269,032 Ekuitas/Equity 300,500 412,743 440,927 RASIO/ RATIO Laba Kotor terhadap Penjualan/Gross Margin 42.53% 51.37% 52.17% Laba Operasi terhadap Penjualan/Operating Margin -27.33% -2.32% 3.60% Laba Bersih terhadap Penjualan/Net Margin -22.71% -3.38% 1.29% Laba Bersih terhadap Aset/Retun on Assets -17.61% -3.16% 1.24% Laba Bersih terhadap Ekuitas/Return on Equity -37.98% -5.98% 2.00% Rasio Lancar/Current Ratio 163.34% 206.30% 304.45% Kewajiban terhadap Ekuitas/Debt to Equity Ratio 115.65% 89.14% 61.02% Kewajiban terhadap Aset/Debt to Assets 53.63% 47.13% 37.89% 4 PT Martina Berto Tbk Annual Report 2018 Penjualan/Sales Laba Kotor/Gross Profit Rp juta (Rp million) Rp juta (Rp million) 375.781 731.577 357.708 685.444 502.518 213.709 2016 2017 2018 2016 2017 2018 Aset/Asset Laba Bersih/Net Profit Rp juta (Rp million) Rp juta (Rp million) 8.814 780.670 2016 2017 2018 709.959 648.017 (24.691) (114.131) 2016 2017 2018 Imbal Hasil Ekuitas/ Return on Equity Imbal Hasil Aset/ Return on Assets % Persentase (%Percentage) % Persentase (%Percentage) 2,0% 1,2% 2016 2017 2018 2016 2017 2018 -6,0% -3,2% -17,6% -38,0% PT Martina Berto Tbk Laporan Tahunan 2018 5 PERGERAKAN HARGA SAHAM MOVEMENT OF STOCK PRICES Untuk Periode Januari-Desember 2018 For the Period of January-December 2018 Harga (Rp.) Price (IDR) Perdagangan Saham Shares Trading Harga Saham / Share Price Volume Volume Nilai Value Bulan Tertinggi Terendah Penutupan Mounth Highest Lowest Closing 2017 2018 2017 2018 2017 2018 2017 2018 2017 2018 January 194 220 160 110 182 148 185,800 24.974.000 32,558,400 4.325.545.200 February 190 157 170 130 187 137 431,800 4.226.800 78,927,800 578.748.400 March 190 174 162 121 178 140 997,500 1.550.500 173,239,500 219.150.800 April 180 165 160 132 169 155