Indonesian Political, Business & Finance News

Domestic Sales Rise, SIG Records Profit of Rp80 Billion in Q1-2026

| Source: VIVA Translated from Indonesian | Business
Domestic Sales Rise, SIG Records Profit of Rp80 Billion in Q1-2026
Image: VIVA

Jakarta, VIVA – PT Semen Indonesia (Persero) Tbk (SIG) recorded a profit for the period attributable to owners of the parent entity of Rp80 billion in the first quarter of 2026 amid pressures in the domestic cement industry. This performance was supported by increases in sales volume, revenue, and the results of the business transformation initiatives undertaken by the company. Corporate Secretary of SIG, Vita Mahreyni, stated that in the first quarter of 2026, SIG recorded a sales volume of 8.71 million tonnes, an increase of 1.7% year-on-year compared to 8.57 million tonnes in the same period the previous year. “The business transformation carried out by SIG focuses on three main strategies: improving micro-market management, cost efficiency, and optimisation of derivative cement products and portfolios, which serve as catalysts for the company’s performance growth,” said Vita in her statement, Jakarta, Friday, 2 May 2026. She explained that the increase was driven by domestic sales growth of 5.4% year-on-year, particularly from the bagged cement segment which rose 11% year-on-year and exceeded the national demand growth of 7%. Meanwhile, regional sales experienced a contraction of 8% year-on-year in the same period. From the revenue side, SIG booked Rp8.29 trillion with a cost of revenue of Rp6.62 trillion. The company also recorded a profit before tax of Rp156 billion, as well as operating profit measured through EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rp1.06 trillion. Vita said this performance shows a positive trend continuing from the fourth quarter of 2025, although the cement industry still faces overcapacity conditions and cost pressures due to global dynamics. “In addition to sales performance that experienced an increase, revenue also rose 8.3% accompanied by a profit increase of 88.7%,” she stated. Then, on the cost side, the cost of revenue increased by 8.6% year-on-year in line with the rise in sales volume as well as fuel and energy prices. Operating expenses also rose 9% year-on-year, but net financial expenses were successfully reduced by 35.4% year-on-year through more efficient financial management. Furthermore, she mentioned that SIG is also promoting export market expansion through the development of production facilities to strengthen performance. The company, through its subsidiary PT Solusi Bangun Indonesia Tbk together with Taiheiyo Cement Corporation, has completed the construction of a dock and export production facilities in Tuban, East Java.

Tags: bisnis
View JSON | Print