CMNT Records 77% Operating Profit Growth in 2025 Amid Market Challenges
Friday, 12 June 2026
Jakarta, 12 June 2026 – PT Cemindo Gemilang Tbk (“CMNT” or the “Company”) held on 11 June 2026 Annual General Meeting of Shareholders (“AGMS”) for the financial year ended 31 December 2025 on Thursday (11/06) at Gama Tower, 3rd Floor, Rinjani Room, Jl. HR. Rasuna Said Kav C.22, Kuningan, South Jakarta.
Throughout 2025, the Company maintained solid performance amid challenges in Indonesia’s domestic cement industry, supported by strengthened operations in Vietnam, which contributed positively to the Group’s growth and revenue diversification. The Company recorded revenue of IDR 9.0 trillion, an increase compared to the previous year, while consolidated operating profit grew by 77% year-on-year and EBITDA increased by 33%, with EBITDA margin improving to 18.4%.
In the AGMS held on 11 June 2026, the shareholders also approved the composition of the Company’s Board of Commissioners and Board of Directors, including the reappointment of a member, as follows:
Board of Commissioners:
President Commissioner : Liu Chang-I (Tony Liu)
Commissioner : Ir. Joko Rahardjo Abumanan (Djoko Rahardjo Abumanan)
Independent Commissioner : Ir. Wahyu Budi Susetyo
Board of Directors:
President Director : Surindro Kalbu Adi
Director : Ameesh Anand
Director : Oza Guswara
Director : Dae Ho Lee
The changes to the composition of the Board of Commissioners and Board of Directors, including the reappointment of a member, reflect the Company’s commitment to maintaining leadership continuity while further strengthening performance, reinforcing business fundamentals, and supporting sustainable growth going forward
2026 Company Outlook:
The Company views the outlook for 2026 with measured optimism amid ongoing global macro-economic and geopolitical dynamics. In the first quarter of 2026, the Company recorded improved performance, with year-on-year growth in consolidated operating profit and EBITDA, reflecting operational resilience and effective execution of the Company’s strategy.
Looking ahead, Cemindo expects the recovery of domestic cement demand to continue, supported by improving market conditions. The Company will continue to strengthen performance through enhanced operational efficiency, cost optimization, and adaptive commercial strategies to support sustainable growth.
