Indonesian Political, Business & Finance News

Hartadinata Abadi Revenue Surges by 196.96 Per Cent

| Source: TEMPO_ID_BISNIS Translated from Indonesian | Business

The gold and bullion jewellery emittent PT Hartadinata Abadi Tbk (HRRA) booked revenue of Rp 20.16 trillion in the first quarter of 2026. This figure represents a 196.96 per cent growth compared to the first quarter of 2025, which was recorded at Rp 6.78 trillion. The company’s net profit also increased significantly by 189.48 per cent to Rp 433.49 billion in Q1-2026, up from Rp 149.75 billion during the same period the previous year.

“The positive growth at the beginning of this year demonstrates the effectiveness of the company’s business strategies in capturing market opportunities amidst global economic dynamics,” said the President Director of Hartadinata Abadi, Sandra Sunanto, during a Virtual Public Expose on Wednesday, 3 June 2026.

Sandra stated that the growth was supported by a 75.18 per cent year-on-year increase in pure gold sales volume to 7.83 tonnes. This was in line with an increase in the average selling price of 71.01 per cent year-on-year to Rp 2,567,213 per gram. In terms of business segments, sales were still dominated by the wholesale segment, contributing 90.6 per cent to total revenue, including contributions from the bullion bank financial institution segment and several Sharia banks. This was followed by the retail segment at 9.13 per cent and the pawn segment at 0.26 per cent.

HRTA Finance Director, Ong Deny, stated that the company managed to record solid growth throughout 2025. The company’s revenue in 2025 was recorded at Rp 44.55 trillion, growing by 144.39 per cent year-on-year from Rp 18.23 trillion in 2024. “Hartadinata Abadi has successfully recorded solid growth, where throughout 2025, the company’s financial performance reached an all-time high,” he said.

Net profit for 2025 was recorded at Rp 978.49 billion, or a 121.29 per cent annual growth from Rp 442.18 billion in 2024. During the Annual General Meeting of Shareholders (RUPST), a dividend distribution of Rp 40 per share from the 2025 fiscal year was approved, representing a dividend yield of approximately 1.8 per cent based on a share price of 2,300 per share.

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