CDI Group Records 19% Revenue Increase to US$41.2 Million in Q1-2026
PT Chandra Daya Investasi Tbk or CDI Group (CDIA) recorded revenue of US$41.2 million, marking a 19% year-on-year growth in the first quarter of 2026. This performance was driven by sustained solid demand and continuous expansion of the infrastructure platform. CDI Group Director Jonathan Kandinata stated that over the first three months of the year, CDIA achieved an adjusted EBITDA of US$14.1 million, surging 125.4% year-on-year. This accomplishment was primarily supported by contributions from strategic initiatives and asset expansions carried out in 2025, including the addition of maritime and land logistics assets as well as solar energy capacity. “CDI Group continues to demonstrate resilient performance and consistent execution across various cycles, supported by an integrated infrastructure platform and discipline in capital allocation,” Jonathan said in a statement released in Jakarta on Thursday, 30 April 2026. Jonathan explained that CDIA’s performance was bolstered by high asset utilisation, a stable base of recurring revenue, and increased contributions from third parties, with additional upside from rising spot ship rates amid favourable logistics market conditions. The positive top-line performance in Q1-2026 enabled a net profit after tax of US$9.5 million. In addition, CDI Group successfully maintained a strong financial position, with liquidity reaching US$954.2 million and a debt-to-capitalisation ratio of 39%. This achievement provides flexibility to capture growth opportunities while preserving financial resilience. In Q1-2026, CDIA strengthened its maritime logistics platform through the addition of Boreas, a 9,000 DWT chemical tanker developed in collaboration with Japan’s Fukuoka Shipbuilding Co Ltd. The vessel is designed to serve domestic and international routes. Boreas, scheduled to commence operations this year, not only adds to the fleet capacity but also enhances CDI Group’s presence in Asia and Europe, while supporting the development of a more integrated regional logistics platform. Across all business segments, CDI Group consistently and sustainably executes its growth pipeline, focusing on strategic expansions to strengthen recurring revenue acquisition, enhance asset integration, and drive long-term value creation.