Key Highlights:
- Consolidated 6M26 Revenues of US$5,686 million
- Consolidated 6M26 EBITDA of US$1,084 million
- Consolidated 6M26 Net Profit After Tax of US$518 million
Jakarta, 31 Jul. 2026 - PT Barito Pacific Tbk. (“Barito Pacific”, “BRPT” or the “Company”) today released its unaudited consolidated financial statements for the first Six months of 2026:
Agus Pangestu, the Company’s President Director states that:
“The first half of 2026 continued to be shaped by a volatile global operating environment, with geopolitical developments remaining fluid and uncertainty persisting across energy markets. Against this backdrop, Barito Pacific's integrated Energy, Chemicals, and Infrastructure platform continued to demonstrate its resilience, supported by disciplined execution and the increasing contribution from its infrastructure and renewable energy businesses.
For the first half of 2026, the Company delivered strong EBITDA of US$1,089 million and consolidated net profit after tax of US$518 million, reflecting the resilience of our integrated business model and disciplined operational execution. The successful integration of Shell Singapore asset provides exceptional refinery performance amid middle east market dislocation, while market conditions for standalone chemical facilities in Indonesia remained challenging. The strength of our diversified portfolio enabled us to capture opportunities across the value chain while mitigating weakness in selected segments. Importantly, our integrated manufacturing network across Indonesia and Singapore enhanced supply reliability and operational flexibility, enabling us to help alleviate supply constraints in the domestic market amid heightened geopolitical uncertainty and disruptions to global supply chains.
Building on this strong first-half performance, we remain firmly committed to investing in Indonesia, with our domestic CA-EDC project progressing steadily. The approximately US$1 billion investment has reached 72% construction completion and remains on track for commissioning in 2027. In parallel, we continue to advance the expansion of our geothermal operations, which is expected to increase our total installed geothermal capacity to above 1 GW by the end of the year. Together, these investments underscore our long-term commitment to strengthening Indonesia's industrial and energy infrastructure while supporting sustainable economic growth.
As an Indonesian company evolving into a leading regional energy and industrial group, we remain committed to strengthening our domestic foundation while selectively pursuing value-accretive inorganic growth opportunities across the region. Looking ahead, Barito Pacific remains focused on executing its long-term transformation strategy, enhancing earnings resilience, and delivering sustainable value for all stakeholders.
Financial Performance:
|
(US$ million, unless otherwise stated)
|
6M26
|
6M25
|
% Change
|
|
Net Revenues
|
5,686
|
3,229
|
76.1%
|
|
Petrochemical
|
5,349
|
2,913
|
83.6%
|
|
Energy
|
334
|
300
|
11.3%
|
|
Others
|
3
|
15
|
(80.0%)
|
|
Net Profit after Tax
|
518
|
1,724
|
(70.0%)
|
|
Attributable to:
|
|
|
|
|
Owners of the Company
|
190
|
540
|
(64.8%)
|
|
Non-controlling Interests
|
328
|
1,184
|
(72.3%)
|
|
EBITDA
|
1,084
|
1,974
|
(45.1%)
|
|
EBITDA Margin (%)
|
19.06
|
61.13
|
(42pp)
|
|
Debt to Capital (%)
|
55.58
|
55.98
|
(0pp)
|
|
Net Debt to Equity (x)
|
0.76x
|
0.77x
|
|
|
|
|
|
|
|
Balance Sheet (US$ million)
|
6M26
|
6M25
|
% Change
|
|
Total Assets
|
18,952
|
17,353
|
9.2%
|
|
Total Liabilities
|
12,458
|
11,308
|
10.2%
|
|
Total Equity
|
6,494
|
6,046
|
7.4%
|
|
Total Debt
|
8,124
|
7,687
|
5.7%
|
|
Net Debt
|
4,942
|
4,680
|
5.6%
|
|
|
|
|
|
FINANCIAL PERFORMANCE ANALYSIS:
Consolidated net revenue increased 76% YoY to US$5,686 million in 6M26 mainly attributable to:
- Higher net revenue from our subsidiary Chandra Asri Group, owing mostly to extraordinary refinery performance and integration of ExxonMobil retail assets in Singapore.
- Higher revenue of 11.5% YoY in renewable energy segment, reaching US$334 million in 6M26. The growth was mainly supported by higher geothermal generation from increase capacity following retrofit project and stronger wind output during the period.
EBITDA reached US$1,084 million
6M26 EBITDA remained robust at US$1,084 million as a result of robust refinery margin, integration of our retail fuel segment and continued cost efficiencies in our renewable energy segment.
Consolidated Net Profit After Tax
In line with robust operational achievement, we delivered 6M26 net profit after tax of US$518 million.
Total Assets and Total Liabilities
As of 6M26, our Total Assets stood at US$18,952 million with capital structure continued to be at a healthy level. Despite rising volatility and high uncertainty, we have maintained a strong liquidity profile, with net debt to equity remaining stable at 0.76x.
----- END -----
About Barito Pacific
Barito Pacific (BRPT) is an integrated energy and industrial group based in Indonesia, with a diversified portfolio of power and industrial assets. Through Barito Renewables, BRPT operates renewable energy assets with a combined capacity of 1,005MW. BRPT also holds a controlling stake in PT Chandra Asri Pacific Tbk (TPIA), a leading provider of energy, chemical, and infrastructure solutions in Southeast Asia. In partnership with Indonesia Power, a wholly owned subsidiary of PLN, BRPT also operates the Java 9 & 10 power plant—comprising 2 x 1,000MW ultra-supercritical units designed for higher efficiency and improved environmental performance.
Visit us at: www.barito-pacific.com
Visit us at: www.barito-pacific.com
For more information, please contact:
Corporate Secretary | Corporate Communications and Investor Relations
PT Barito Pacific Tbk.
Phone: (62-21) 530 6711
Fax: (62-21) 530 6680
Email: corpsec@barito.co.id, Investor.relations@barito.co.id
