Semen Baturaja’s Growth Momentum Continues, Reporting a Quadrupling in Net Profits Through Q3 2025

JAKARTA – PT Semen Baturaja Tbk (SMBR), a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG), once again recorded solid performance through the third quarter of 2025. The company posted revenue of IDR 1.78 trillion, a 27% year-on-year (yoy) growth compared to IDR 1.4 trillion in the same period last year.

This increase in revenue drove a surge in SMBR’s net profit, which reached IDR 146.3 billion, a more than fourfold increase year-on-year (yoy) compared to IDR 35.6 billion in the same period last year.

This achievement was also reflected in the increase in EBITDA, which reached IDR 383.5 billion, a 46% increase compared to IDR 262.1 billion in the same period last year. This increase demonstrates the effectiveness of the Company’s efficiency strategy in strengthening profitability and competitiveness.

The growth in financial performance was also supported by an increase in cement sales volume, which reached 1.87 million tons, a 21% increase compared to 1.54 million tons in the same period last year. Strong demand in SMBR’s key regions, namely Jambi, South Sumatra, and Lampung, continues to be the Company’s primary growth driver.

According to data from the Indonesian Cement Association (ASI), cement demand in SMBR’s marketing areas grew 9.6% year-on-year (yoy) through the third quarter of 2025, providing positive momentum for SMBR to strengthen its position in the domestic market.

SMBR Vice President and Corporate Secretary, Hari Liandu, stated that this achievement reflects the tangible results of the company’s consistent transformation strategy.

“The positive performance through the third quarter of 2025 demonstrates the effectiveness of our cost efficiency and distribution strengthening strategies in our key regions. Cement demand in the Jambi, South Sumatra, and Lampung markets shows a solid growth trend, supported by strong synergy with the SIG Group in maintaining supply chain efficiency and expanding market reach,” Hari said.

In addition to its core cement business, SMBR’s revenue is also supported by the diversification of non-cement products, which has recorded significant growth, particularly in white clay products. By the third quarter of 2025, white clay sales had nearly tripled year-on-year (yoy) to IDR 16.7 billion, compared to IDR 5.8 billion in the same period last year.

Furthermore, Hari added that the non-cement business line is now a promising new pillar for SMBR.

“White clay products are proof of the success of SMBR’s diversification strategy. Its contribution to revenue continues to increase and strengthens our business fundamentals beyond the cement sector,” he explained.

This growth momentum will also be bolstered by the Company’s strategic move to add new business activities, approved at the Extraordinary General Meeting of Shareholders on October 29, 2025. SMBR officially added the KBLI 70209 (Other Management Consulting Activities) business line to support the implementation of the Sales Area Coordinator concept in Jambi, South Sumatra, and Lampung, with potential returns in the form of management fees.

This new business model allows SMBR to expand its role within the SIG Group value chain, drive distribution efficiency, and strengthen multi-brand penetration in regional markets.

“This additional business activity is a strategic step to expand market potential while strengthening collaboration with other SIG subsidiaries. With a more flexible and integrated business model, we are ready to increase our contribution to the Group’s performance while creating sustainable added value for shareholders,” said Hari.

Looking ahead, SMBR is optimistic about maintaining strong performance until the end of 2025 by focusing on efficiency, increasing factory utilization, and diversifying our products.

“We are committed to creating sustainable growth by focusing on profitability, operational efficiency, and product innovation. SMBR will continue to strengthen its position in the regional market and maintain its attractiveness to investment in the national cement industry,” Hari concluded.

With this achievement, SMBR confirms its increasingly solid business fundamentals and promising growth prospects, strengthening its position as a major player in the cement industry in Sumatra and part of the SIG Group in supporting sustainable national infrastructure development. (*)