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Chandra Asri Records US$1.4 Billion Profit, Strengthens Regional Expansion

| | Source: REPUBLIKA Translated from Indonesian | Business
Chandra Asri Records US$1.4 Billion Profit, Strengthens Regional Expansion
Image: REPUBLIKA

PT Chandra Asri Pacific Tbk (Chandra Asri Group) (IDX: TPIA) delivered solid financial results throughout 2025, while accelerating its transformation into an integrated platform in the energy, chemicals, and infrastructure sectors as a foundation for long-term growth.

“Chandra Asri Group recorded strong performance in FY2025, booking a net profit of US$1.4 billion as well as maintaining a resilient balance sheet with liquidity above US$3 billion. This reflects the strength of our integrated platform and discipline in executing our strategy,” said Andre Khor, Group Chief Financial Officer of Chandra Asri Group, on Thursday (26/3/2026).

The company continues to strengthen its three strategic pillars—energy, chemicals, and infrastructure—placing sustainability at the core of growth to create long-term value for all stakeholders.

“We enter 2026 with strong momentum, supported by solid operational performance and initial contributions from various strategic initiatives. Amid market dynamics, our integrated platform and execution discipline provide a solid foundation for the company to deliver resilient performance in the first quarter and sustainably into the future,” Andre added.

Throughout 2025, the company’s total assets more than doubled year-on-year to nearly US$12.4 billion, reflecting balance sheet strengthening and operational scale expansion in line with the realisation of acquisitions and strategic investments.

Net revenue was recorded to increase significantly to around US$7 billion, while net profit reached US$1.4 billion, supported by an increasingly diversified business portfolio and stronger integration across all business lines.

Entering 2026, the company targets record operational profit levels in the first quarter, in line with ongoing operational momentum and initial contributions from various strategic initiatives implemented since 2024.

In the energy pillar, the company is accelerating transformation through the integration of Aster Chemicals and Energy, previously known as Shell Energy & Chemicals Park, resulting from a joint acquisition with Glencore. This world-class refinery and chemicals complex strengthens the decarbonisation pathway while supporting the company’s long-term sustainability ambitions.

Regional expansion is further strengthened through the acquisition of ExxonMobil’s Esso retail network in Singapore, effective 1 January 2026, following the signing of a conditional SPA in October 2025. This transaction is supported by dedicated financing of US$750 million from KKR and bolsters the development of an integrated energy platform in Southeast Asia.

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