{
    "success": true,
    "data": {
        "id": 1719820,
        "msgid": "supported-by-acquisition-results-chandra-asri-group-records-net-profit-of-rp-3-57-trillion-in-q1-2026-1778194536",
        "date": "2026-05-05 20:10:00",
        "title": "Supported by Acquisition Results, Chandra Asri Group Records Net Profit of Rp 3.57 Trillion in Q1 2026",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Business",
        "summary": "PT Chandra Asri Pacific Tbk reported a net profit of US$205 million in the first quarter of 2026, marking a 954.2% year-on-year surge, equivalent to Rp 3.57 trillion at the prevailing exchange rate. The group also achieved a record quarterly EBITDA of US$421 million, up 1,813.6% annually, driven by the successful integration of newly acquired energy assets in Singapore, including the Aster refinery and Esso retail fuel network. This strategic expansion, bolstered by partnerships like Glencore and diversified feedstock sourcing, enhances operational resilience amid global market volatility and geopolitical risks.",
        "content": "<p>JAKARTA, KOMPAS.com \u2013 PT Chandra Asri Pacific Tbk (TPIA) recorded a\nnet profit of US$205 million in the first quarter of 2026. This figure\nsurged by 954.2% year-on-year compared to the same period last year. The\namount equates to Rp 3.57 trillion, assuming an exchange rate of Rp\n17,427 per US dollar. Additionally, the Chandra Asri Group posted a\nrecord quarterly EBITDA of US$421 million, up 1,813.6% year-on-year from\nthe prior year\u2019s corresponding period. \u201cBehind these figures, this\nachievement stems from disciplined transformation through the successful\nintegration of newly acquired energy assets in Singapore,\u201d he stated in\na written release on Tuesday (5\/5\/2026). He explained that Chandra\nAsri\u2019s strategy now rests on a foundation of regional infrastructure.\nThe primary focus lies on the successful integration of the Aster\nrefinery (formerly Shell Energy &amp; Chemicals Park), acquired in April\n2025, as well as the Esso-branded retail fuel network in Singapore,\nacquired from ExxonMobil in January 2026. \u201cWe worked diligently to\nensure the smooth completion of these complex transactions with Shell,\nCPSC, and ExxonMobil,\u201d he added. These acquisitions, along with the\ngroup\u2019s infrastructure unit, PT Chandra Daya Investasi Tbk (CDI), and\nthe newly operational shared services centre, Chandra Asri Sentral\nSolusi (CASS), now provide the recurring income and operational\nefficiencies needed to navigate global market volatility. He revealed\nthat, unlike other regional players, Chandra Asri Group leverages its\npartnership with Glencore, one of the world\u2019s leading global commodity\ntraders and diversified natural resources producers, to diversify its\nfeedstock. While competitors are often constrained by traditional supply\nchains, Chandra Asri demonstrates agility by actively sourcing and\ntesting crude oil from Latin America, North America, West Africa, and\nSoutheast Asia. Andre explained that geopolitical disruptions,\nparticularly the risk of escalation in the Middle East impacting the\nStrait of Hormuz, have historically created anxiety in supply chains.\n\u201cHowever, our ability to expand crude oil types and global procurement\ncapabilities allows the company to bypass conventional hurdles, keeping\noperations running smoothly regardless of regional volatility,\u201d said\nAndre. This operational agility was tested in February 2026, when the\ngroup successfully completed technical trials that boosted production\ncapacity at its Butene-1 and MTBE plants in Cilegon by 25%.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/supported-by-acquisition-results-chandra-asri-group-records-net-profit-of-rp-3-57-trillion-in-q1-2026-1778194536",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}