PT Samator Indo Gas (AGII) Profit Surges 4.5-Fold, Driven by Efficiency

JAKARTA, KOMPAS.com – The industrial gas issuer PT Samator Indo Gas Tbk (AGII) recorded a surge in net profit of up to 4.5 times in the first quarter of 2026, supported by operational efficiency and solid demand in the industrial and healthcare sectors.

During this period, the company’s revenue grew 7.9% year-on-year to Rp 762.1 billion. Accordingly, adjusted EBITDA increased 22.4% to Rp 228.8 billion, with the margin rising to 30.0%, or an addition of 356 basis points.

President Director and Chief Executive Officer of Samator Indo Gas, Rachmat Harsono, stated that this achievement reflects the strength of the operational model built in recent years.

“This first-quarter achievement demonstrates the strength of our operational model,” Rachmat said in an official statement on Wednesday (29/4/2026).

“Operational leverage is beginning to convert revenue growth into significant profitability improvements,” he added.

This performance is also reflected in the 38.9% surge in EBIT to Rp 120.6 billion, with the margin increasing to 15.8%. Net profit attributable to the parent entity’s owners reached Rp 35.2 billion, up from Rp 7.8 billion in the same period the previous year.

This condition is supported by improvements in energy efficiency and optimisation of factory utilisation. As a result, gross profit (excluding depreciation and amortisation) grew 10.9% year-on-year to Rp 430.6 billion, with the margin increasing to 56.5% from 55.0% in the same period the previous year.

In addition, the company recorded distribution costs that grew below the pace of revenue. Meanwhile, selling, general, and administrative expenses actually declined 1.4% compared to the same period last year.

The combination of revenue growth, margin expansion, and operational cost discipline is driving a significant increase in the company’s profitability margins.