Cold Chain Expansion Continues Amid Purchasing Power Pressures

PT Segar Kumala Indonesia Tbk (BUAH) will continue its business expansion plans for 2026 despite industry-wide pressures from declining purchasing power, macroeconomic fluctuations, and potential logistics cost increases. The company has confirmed that its 2026 capital expenditure (Capex) will focus on strengthening cold chain infrastructure and opening new branches. This strategy aims to ensure supply availability and expand market penetration across various regions. PT Segar Kumala Indonesia Tbk’s President Director, Renny Lauren, stated that the expansion will not be aggressive but will adhere strictly to cautious principles. “Nevertheless, we emphasise that this expansion strategy is executed with stringent caution. New branches will not be opened recklessly without careful calculation, but through measured and adaptive planning in promising strategic locations that offer strong investment potential,” Lauren said during the company’s public presentation in Jakarta. This expansion comes amid changing consumer behaviour, with people becoming more selective and adopting smart spending habits. In this context, BUAH is avoiding unconventional products and focusing on optimising real consumer demand patterns. Lauren explained that the company’s current focus is ensuring supply availability, strengthening distribution networks, and maximising market potential in regions with growth opportunities. Meanwhile, the company remains committed to shareholders. At its Annual General Meeting of Shareholders (AGM), BUAH approved a final dividend of Rp25 billion for shareholders. With this decision, the total dividend for the 2025 fiscal year amounts to Rp50 billion, including an interim dividend of Rp25 billion previously distributed. Management stated that the dividend payout and continued expansion reflect the company’s effort to balance shareholder returns with long-term growth needs. BUAH has also prepared mitigation strategies for various risks, including currency fluctuations and potential logistics cost increases. Through a measured growth approach, the company aims to maintain revenue while pushing net profit margins to a more solid level in the 2026 fiscal year. Food management is a shared responsibility between the central and local governments, as stipulated in Law No. 18 of 2012 on Food. Announcement of Re-tendering for Consultant Services to Prepare Feasibility Study for Cold Chain Development Plan under the Ministry of Agriculture’s Agricultural Commodities Hilirisation Program. Formulating the feasibility study scheme for Cold Chain development plan under the Ministry of Agriculture’s Agricultural Commodities Hilirisation Program for PT PPI.