Semen Indonesia: Performance growth continues following transformation
The state-owned enterprise PT Semen Indonesia Tbk (SMGR), also known as SIG, has recorded continuous performance growth through the first semester of 2026, following a business transformation that commenced in early July 2025.
“The transformation we implemented, which began in early July 2025, has shown quite good results,” stated the Vice President Director of PT Semen Indonesia, Adriano Hosny Panangian, during the 2026 Public Expose Live press conference in Jakarta on Tuesday.
Hosny noted that performance growth had been visible since the fourth quarter of 2025. This growth, he said, has continued into the first semester of 2026, during which SMGR’s performance remained solid.
He recorded that sales volume in the first semester of 2026 reached 18.28 million tonnes, with revenue amounting to Rp17.65 trillion. This sales volume represents a 5.6 per cent increase compared to the same period the previous year, which stood at 17.31 million tonnes.
“This was primarily supported by the strengthening of the domestic market, with sales volumes reaching 14.82 million tonnes, representing a 9.7 per cent year-on-year growth,” said Hosny.
Furthermore, Hosny reported that EBITDA grew by 2.6 per cent to Rp2.15 trillion. He highlighted that profitability also strengthened, as reflected by a net profit increase of 445.9 per cent annually to Rp207 billion.
“Meanwhile, the profit for the period attributable to the owners of the parent entity grew by 471 per cent year-on-year to Rp228 billion,” added Hosny.
Looking ahead, PT Semen Indonesia believes the prospects for the national cement industry will grow, as expressed by the President Director of PT Semen Indonesia Tbk, Indrieffouny Indra.
Arif, as she is affectionately known, explained that current ongoing government programmes include the three-million-house programme, the development of the Merah Putih Village Cooperatives, the Merah Putih Fishing Villages, and the People’s Schools (Sekolah Rakyat).
Additionally, she noted that the construction of the Giant Sea Wall is also planned to commence this year.
“Furthermore, it is supported by industrial investment and downstreaming, as well as private sector developments encompassing residential areas, commercial areas, and data centres,” said Arif.
Arif believes that all these development projects will drive the growth of the national cement industry.
“We are optimistic that the cement industry will have positive prospects. This is because it is supported by government programmes that act as drivers for cement demand,” she concluded.