Semen Baturaja Distributes Rp34.38 Billion in Dividends
Shareholders of PT Semen Baturaja (Persero) Tbk (SMBR) have officially approved a cash dividend distribution of Rp34.38 billion, equivalent to Rp3.46185 per share. This decision was reached during the Annual General Meeting of Shareholders (AGMS) for the 2025 fiscal year, held in Jakarta on Monday (18/05/2026).
The dividend amount represents 20% of the Company’s total consolidated net profit for the 2025 fiscal year, which reached Rp171.92 billion. The remaining 80% of the net profit, amounting to Rp137.53 billion, will be allocated as retained earnings. These funds are intended to strengthen the Company’s capital structure and support SMBR’s future business expansion agenda.
In addition to the profit allocation, the AGMS also agreed on strategic measures including changes to the Company’s management structure and adjustments to the Articles of Association based on the 2025 Indonesian Standard Industrial Classification (KBLI). These changes aim to strengthen Good Corporate Governance (GCG) and provide SMBR with the flexibility to capture new business opportunities within the building materials industry.
Regarding the management changes, shareholders approved the appointment of Muhamad Alipudin as President Commissioner, replacing Inosentius Samsul. The AGMS also approved the appointment of Luthvie Arifin as Independent Commissioner, replacing Chowadja Sanova. This reshuffle is part of the Company’s strategic move to enhance corporate governance, improve supervisory effectiveness, and support the acceleration of business transformation and sustainable growth amidst the dynamics of the national cement industry.
Suherman Yahya, President Director of SMBR, explained that the dividend distribution is a form of appreciation to shareholders for their trust throughout 2025. “The Company has successfully maintained growth momentum and profitability throughout 2025 through strengthening operational excellence, production cost efficiency, and increased market competitiveness. This dividend distribution is a commitment from the Company to provide added value to shareholders while maintaining room for future business expansion,” he stated.
Suherman added that the Company’s optimism is strengthening as it enters 2026. SMBR is targeting sales volume growth by relying on projected increases in infrastructure and property activities in the southern Sumatra region. To achieve this target, the company is committed to implementing green industry-based operational excellence, including increasing the use of alternative fuels and digital transformation across all production lines.
More broadly, the steps taken during this AGMS affirm SMBR’s position as a major player that is adaptive to regulatory changes and market dynamics. According to Suherman, with increasingly healthy financial fundamentals and full support from stakeholders, SMBR is prepared to continue its sustainable growth trend to create long-term value for the national construction industry.