Jakarta, 30 October 2026 – PT Cemindo Gemilang Tbk (“Cemindo” or the “Company”) continued to deliver revenue growth in the first nine months of 2026, supported by higher sales volume amid improving domestic cement market conditions. The Company’s performance reflects its ability to capture market opportunities while maintaining business resilience in a challenging operating environment.
Indonesia’s domestic cement market grew by approximately 8.3% year-on-year in the first nine months of 2026, driven primarily by government projects and initiatives, as well as industrial infrastructure development. The improvement in market activity provided a supportive backdrop for Cemindo’s business, with the Company recording sales volume growth alongside strengthening domestic demand.
The Company’s cement operations in Indonesia recorded higher revenue, supported by improving domestic market demand and increased export sales. Meanwhile, the Company’s subsidiary in Vietnam also delivered stronger contributions, driven by improved domestic demand and export market performance. Meanwhile, EBITDA remained at a level comparable to the same period last year. This performance underscores the resilience of the Company’s core operations and its ability to capture market opportunities despite continued pressure from elevated energy costs. Meanwhile, the performance of the Company’s other subsidiaries was slightly softer compared with the same period last year.
Moving forward, Cemindo will continue to pursue growth opportunities across domestic and export markets, while strengthening its commercial presence and enhancing operational effectiveness. The Company remains focused on managing cost pressures and adapting to evolving market conditions to support sustainable business growth.
