PT Cemindo Gemilang Tbk (“Cemindo” or the “Company”) reported improved performance in Q1 2026, recording a year-on-year increase in consolidated operating profit, with EBITDA also growing compared to the same period last year.
This performance reflects the Company’s continued ability to execute effectively despite ongoing geopolitical tensions and macroeconomic uncertainties. Building on its solid 2025 results, Cemindo sustained its positive momentum into Q1 2026 through disciplined commercial execution and operational resilience.
The improvement was supported by a recovery in the national domestic cement market, which grew approximately 5% in Q1 2026 compared to the same period last year, marking a turnaround from the 4% contraction recorded in 2025.
Performance was primarily driven by targeted commercial strategies, including deeper penetration in high-growth existing markets and expansion into new core markets, alongside continued operational efficiency initiatives. Despite early-year challenges from rising energy prices, the Company mitigated risks through proactive sourcing strategies and disciplined raw material management.
“Our focus remains on delivering sustainable and high-quality growth through disciplined execution and operational excellence, even in a dynamic external environment.”
Looking ahead, with early signs of recovery in domestic demand despite the seasonal impact of the Eid al-Fitr period, the Company expects improved market conditions in the coming quarters. Cemindo will continue to strengthen its fundamentals through ongoing efficiency initiatives and an adaptive commercial strategy to support long-term performance.
