SBI posts net profit of Rp101.89 billion in Q1 2026
The effects of rising fuel costs due to geopolitical conflict have begun to be felt in Indonesia. Jakarta (ANTARA) - PT Solusi Bangun Indonesia Tbk (SBI) posted a net profit of Rp101.89 billion in Q1 2026 amid pressures from the cement industry competition and rising global energy costs.
President Director SBI Rizki Kresno Edhie Hambali said the company’s business transformation has begun to show positive results since late 2025.
“Result-nya sendiri dari sejak Q4 sudah kelihatan sebetulnya,” Rizki said at the company’s public presentation in Jakarta, on Friday.
In the presentation, SBI said its first-quarter 2026 performance was supported by higher sales, disciplined cost management, and operational optimization.
The company recorded cement and clinker sales volume of 2.92 million tonnes in Q1 2026, up 1.4 percent from the same period last year.
The company’s revenue also rose 3.6 percent to Rp2.56 trillion, while EBITDA increased 14.3 percent to Rp358 billion. According to Rizki, digital transformation also propelled the company’s sales growth through changes in the field marketing team’s working patterns.
He cited that sales personnel and distributors are now using a geocoding system when visiting stores, allowing the company to monitor stock positions and market conditions more quickly and accurately.
“Thus our market intelligence becomes very sharp,” Rizki said.
SBI Operations Director Edi Sarwono said the company is also improving production cost efficiency through the use of technology and digital-based operations controls.
One such measure is the use of Advanced Process Control to maintain operational stability and energy efficiency at the plants.
“Ultimately, this will deliver more efficient performance and thus reduce production costs,” Edi said.
Nevertheless, SBI still faces pressure from rising energy costs and inputs driven by global geopolitical dynamics.
CFO and Chief Risk Management Officer Asruddin said fuel cost increases have begun to affect the company’s operations in early 2026.
“The effect of fuel price increases due to geopolitical war events has begun to be felt by us,” Asruddin said.
He said the company has conducted stress tests on energy cost increases and prepared mitigation measures to safeguard profitability.
Through April 2026, SBI’s sales volume remained about 9 percent higher than the same period last year.
The company is optimistic it can maintain profitability margins above around 6 percent throughout 2026 through various efficiency and cost-control strategies.
“We have conducted stress testing against this condition, and we have identified what the main issues and problems we must address,” he said.
SBI previously posted a full-year net profit of Rp658.7 billion in 2025 with EBITDA reaching Rp1.87 trillion.
In the Annual General Meeting of Shareholders (RUPST), shareholders approved the use of 2025 net income, with 50 percent for dividend payments and 50 percent for the company’s operations.
RUPST also approved the annual report and ratified the financial statements for the year ended 31 December 2025.
Additionally, the meeting approved the appointment of a public accounting firm as independent auditor for 2026, amendments to the company’s articles of association, and the reappointment of Yasuhide Abe as a director until the closure of the RUPST in 2031.