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  • / Cemindo Continues Its Positive Performance Momentum in the First Half of 2026
Press Release

Cemindo Continues Its Positive Performance Momentum in the First Half of 2026

Thursday, 30 July 2026
Cemindo Continues Its Positive Performance Momentum in the First Half of 2026

Jakarta, 30 July 2026 – PT Cemindo Gemilang Tbk ("Cemindo" or the "Company") maintained its positive performance momentum in the first half of 2026, delivering year-on-year growth in consolidated operating profit and EBITDA. The Company's performance reflects disciplined execution of its commercial strategy and continued operational efficiency, enabling it to navigate a dynamic industry environment and elevated energy costs. As a result, the Company successfully delivered revenue and EBITDA growth despite the continued challenging cost environment.

Amid a gradual recovery in market conditions, Indonesia's domestic cement market recorded approximately 10% year-on-year growth in the first half of 2026. The improvement was supported by accelerated government spending, public infrastructure revitalisation projects, regional development initiatives, and stronger construction activity. Nevertheless, the pace of recovery in the property sector and household purchasing power remains an important factor to monitor in assessing the sustainability of demand growth.

"We are pleased to have maintained our strong performance momentum through the first half of 2026. These results reflect the consistent execution of our strategy and the commitment of our entire team to maintaining operational excellence while delivering sustainable, high-quality growth in a dynamic market environment."

Looking ahead to the second half of 2026, the Company continues to strengthen its business fundamentals through further operational efficiency improvements, disciplined capital allocation, and adaptive commercial strategies. The Company expects a more supportive operating environment, underpinned by the gradual recovery in domestic cement demand and improving macroeconomic conditions, while continuing to closely monitor developments in energy prices and other external factors. These conditions are expected to further support the Company's focus on delivering sustainable and profitable growth.

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Indonesia
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