Sona Topas Tourism Industry Tbk PT
SONA · Specialty Retail · Indonesia
PT Sona Topas Tourism Industry Tbk is engaged in the business of travel agent activities, other travel activities, and other reservation services. The Company's supporting business activities include providing advice and recommendations regarding feasibility studies, business management planning, and research in the field of tourism. Its segments include Travel, Duty-Free Shops, and Retail Shop. The Travel segment is involved in selling tours and travel tickets, especially for the domestic market and handling of related documents and tours. The Duty Free Shop segment is engaged in operating duty-free shops in Bali. The Retail Shop segment is focused on operating retail shops in Bali, Jakarta and Makassar. It offers a range of products, including souvenirs, convenience items, and travel agency services. It caters to local and international tourists. Its subsidiaries include PT Inti Dufree Promosindo, PT Karya Prima Unggulan, and PT Sukses Garda Mulia.
- Passenger throughput growth (leading)
- Aero rate / passenger fee schedules (regulated)
- Non-aero revenue per passenger (trend)
- Air traffic recovery vs pre-COVID baseline (coincident)
- Air-travel demand (recession sensitivity) · exposure: high
- Regulatory rate-setting · exposure: high
- Sanctions (route closures) · exposure: medium for international hubs
- Passengers (millions/year) — core volume
- EBITDA margin % — 40-55% healthy
- Non-aero revenue % — >35% premium operators
- Net debt / EBITDA — 5-7x acceptable given long-life assets
Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.