Saratoga Investama (SRTG) Records Rp 3.87 Trillion Loss in First Half, Outlines Investment Strategy

PT Saratoga Investama Sedaya Tbk (SRTG) recorded a net loss during the January-June 2026 period. The company noted a net loss on investments in shares and other securities amounting to Rp 4.83 trillion for the first half of 2026, representing a 165.6% deterioration from the Rp 1.82 trillion loss recorded in the first half of 2025.

Dividend and interest income was recorded at Rp 1.69 trillion as of June 2026, an increase of 31.51% year-on-year. Other income was recorded at Rp 2.12 billion, down from Rp 2.50 billion as of June 2025. Net losses from foreign exchange differences were recorded at Rp 5.41 billion as of June 2026, up from Rp 565 million as of June 2025.

The current period loss attributable to owners of the company, or net loss, amounted to Rp 3.87 trillion for the first half of 2026. This is a reversal from the net profit of Rp 102.01 billion recorded in the first half of 2025.

Regarding blue-chip holdings, SRTG is known to hold shares in PT Tower Bersama Infrastructure Tbk (TBIG), PT Merdeka Copper Gold Tbk (MDKA), PT Alamtri Resources Indonesia Tbk (ADRO), and PT Adaro Andalan Indonesia Tbk (AADI). Meanwhile, Saratoga’s investments in emerging companies include PT Mitra Pinasthika Mustika Tbk (MPIX), PT Samator Indo Gas Tbk (AGII), and PT Nusa Raya Cipta Tbk (NRCA).

Saratoga’s Investor Relations, Mellisa Holidi, stated that as an investment company, the movement in the company’s portfolio value follows the dynamics and fluctuations occurring in the capital market. “Through this approach, we ensure the portfolio remains resilient amidst various market dynamics,” she told Kontan on Monday (31/8/2026).

In facing evolving market dynamics, SRTG admitted it continues to implement a sustainable and integrated long-term investment strategy. Consequently, Saratoga remains strategically focused on identifying opportunities in sectors with strong fundamentals and long-term growth prospects, including healthcare, renewable energy, digital infrastructure, and the consumer sector.

Mellisa noted that divestment is also part of SRTG’s routine portfolio management activities as an investment company, conducted to realise portfolio value optimally. “Such decisions are always focused on a measured long-term investment strategy to provide sustainable added value for shareholders,” she said.

Mellisa further explained that SRTG will continue to actively and disciplinedly assess various investment opportunities, while focusing on expansion within existing portfolio companies. “All funding capacity is managed in a measured manner to provide long-term added value for shareholders,” she added.