State-Owned Semen Indonesia Allocates Entire 2025 Profit as Dividend

State-owned enterprise (BUMN) PT Semen Indonesia (Persero) Tbk (SIG) has allocated its entire 2025 book profit of Rp190.85 billion as cash dividends. “The allocation of the entire 2025 book profit as cash dividends represents the Company’s commitment to providing added value to shareholders,” said SIG Corporate Secretary Vita Mahreyni in a statement from Jakarta on Saturday. The decision was approved at the Annual General Meeting of Shareholders (AGMS) for the 2025 book year on Friday (8/5). Vita stated that the company successfully overcame challenges, particularly in the second half of 2025, through the implementation of a transformation strategy that created a positive performance trend. According to her, this positive trend continued into the first quarter of 2026 and serves as the company’s capital to maintain growth momentum. “Looking ahead, SIG is prepared to sustain growth momentum to optimise sustainable positive performance that adds value for shareholders,” she said. Vita noted that the disciplined business transformation has successfully enhanced the company’s competitiveness amid domestic industry challenges while strengthening its position in international markets. In addition to setting the dividend, the AGMS also approved the company’s 2025 annual report and the appointment of a public accounting firm to audit the company’s financial statements. The meeting further approved the accountability report on the realisation of funds from the limited public offering through capital increase with pre-emptive rights (PMHMETD I) and changes to the company’s articles of association. The AGMS then approved granting authority to the largest Series B shareholder or their proxy to determine remuneration for members of the Board of Commissioners and Board of Directors for the 2026 book year, as well as performance remuneration for the 2025 book year in accordance with applicable provisions. Additionally, the AGMS agreed to grant power of attorney to the Board of Commissioners with written approval from the largest Series B shareholder to approve the Company’s Long-Term Plan (RJPP) for 2026–2030 and the Work Plan and Company Budget (RKAP) for 2027, along with any amendments. SIG explained that the national cement industry in 2026 is projected to enter a more stable recovery phase in line with the national economic growth target of around 5.2% to 5.5%. Domestic cement demand is expected to grow moderately by about 1-2%, supported by the recovery of public purchasing power and the realisation of various government projects. In the first quarter of 2026, the company recorded a 1.7% year-on-year increase in sales volume to 8.71 million tonnes, while revenue grew 8.3% to Rp8.29 trillion. SIG, through PT Solusi Bangun Indonesia Tbk in partnership with Taiheiyo Cement Corporation, has also completed the development project for a pier and export production facilities in Tuban, East Java, targeted to commence operations in mid-2026. “SIG is not only focused on maintaining short-term performance but also building new, more sustainable growth sources,” Vita revealed. She stated that the facility will serve as a base for strengthening the company’s exports while opening opportunities to improve business margins amid increasingly tight domestic market competition.