Chandra Asri Delivers $1.4B Profit in 2025, Ramps Up Expansion
Jakarta. Chandra Asri Group (IDX: TPIA) reported solid financial performance in fiscal year 2025 (FY2025), underpinned by strong profitability and robust liquidity, while accelerating strategic expansion to strengthen its position ahead of a targeted operating profit record in the first quarter of 2026.
Group Chief Financial Officer Andre Khor said the company delivered strong FY2025 results, generating profitability of $1.4 billion while maintaining a resilient balance sheet with liquidity exceeding $3 billion. This reflects the strength of the company’s integrated platform and disciplined execution.
“We remain focused on advancing our three strategic pillars, Energy, Chemicals, and Infrastructure, while placing sustainability at the core of growth to create long-term value. We enter 2026 with strong momentum, supported by solid operational performance and early contributions from our latest strategic initiatives. While market conditions remain dynamic, our integrated platform and disciplined execution position us well to deliver resilient performance in the first quarter and beyond,” he said.
Operationally, the company continues to anchor its strategy on its three core pillars, which are energy, chemicals, and infrastructure, a framework aimed at driving long-term value creation and strengthening business resilience amid global market dynamics.
In the energy sector, the company is accelerating its transformation through the integration of Aster Chemicals and Energy (ACE), formerly known as Shell Energy & Chemicals Park, acquired jointly with Glencore. This world-class refining and petrochemical complex supports the company’s decarbonization pathway and long-term sustainability ambitions.
The company has also expanded regionally through the acquisition of ExxonMobil’s Esso-branded retail network in Singapore, supported by a dedicated $750 million financing facility from KKR. Following the signing of a Conditional SPA in October 2025, the transaction was completed swiftly on January 1, 2026. The acquisition supports the company’s strategy to build an integrated energy platform in Southeast Asia.
The company is also expanding its downstream portfolio through the acquisition of Chevron Phillips Singapore Chemicals, now rebranded as Aster Polymer Solutions (APS). The 400 KTA High-Density Polyethylene (HDPE) facility adds immediate value while strengthening the company’s integrated marketing capabilities across Southeast Asia, China, and Australia.
Domestically, the approximately $800 million Chlor-Alkali and Ethylene Dichloride (CA-EDC) project has surpassed 50% completion and remains on track to commence operations in Q1 2027. The project is expected to strengthen Indonesia’s industrial value chain, particularly in the mining and alumina processing sectors. Participation from Danantara and INA, totaling $200 million, underscores strategic support to deepen Indonesia’s downstream chemical sector and reduce import dependency.
On the infrastructure front, through PT Chandra Daya Investasi Tbk (CDI Group), the company continues to strengthen its infrastructure platform as a key growth engine spanning energy, water, port and storage, and logistics. The company has secured a concession permit from the Transportation Ministry to enhance services for external customers in the port and storage segment.
In logistics, the fleet has expanded to 14 gas and chemical vessels and more than 200 trucks. At the same time, capacity expansion in power and water supply continues to support rising industrial demand.
Sustainability and Recognition
Chandra Asri Group has garnered strong international recognition, winning multiple awards including Best M&A Deal and Best CFO at the FinanceAsia Awards 2025, as well as Best Sustainability-Linked Loan at The Asset Triple A Awards for Sustainable Finance 2025. The company also received accolades from Moores Rowland, the National Energy Efficiency Awards 2025, and the Katadata ESG Awards 2025, underscoring its commitment to innovation and alignment with long-term sustainability and decarbonization strategies.
Meanwhile, total assets of CDI Group more than doubled to nearly $12.4 billion, reflecting a significantly strengthened balance sheet and expanded operational scale following the company’s strategic acquisitions and investments.
Net revenue surged to $7.0 billion, nearly quadrupling from the previous year, driven by the addition of refining and chemical segments from the ACE and APS acquisitions, as well as expansion in logistics and renewable energy.
Net profit reached $1.4 billion, highlighting a significant improvement in financial performance supported by the company’s diversified portfolio and deeper integration across its Energy, Chemicals, and Infrastructure pillars.
Tags: Keywords:Related Articles
Chandra Asri Group, Bank Mandiri Ink MoU on Petrochemical Industry
Bank Mandiri will provide payment acceptance facilities, banking transaction services, and financial support:Chandra Asri Maintains Safe Operations Amid Anak Krakatau Activity
Chandra Asri has strengthened monitoring and emergency preparedness at its Cilegon operations amid Mount Anak Krakatau activity.Chandra Pelabuhan Nusantara Opens Port Infrastructure to External Users
CPN has opened its port infrastructure to external users after securing a public terminal license to support industrial logistics in CilegonChandra Asri Wraps Up Rp 6 trillion Shelf Registration Bond Program V
The completion was marked by the successful issuance of PUB V Phase III amounting to Rp 2.25 trillion, which was oversubscribed.Chandra Asri Wins Deal of the Year for $100M-Plus Aster Acquisition
Chandra Asri won Deal of the Year at the 2026 Energy Council Singapore Awards for its acquisition of Aster.Chandra Asri Group Sees Free Float Increase to 25.7%
Chandra Asri's public float increased to 25.7% after SCGC rebalanced its stake, while remaining a key long-term shareholder.Chandra Asri Pacific, KSOP Banten Class I Ink Port Concession Deal to Boost Industrial Connectivity
Chandra Asri Group and KSOP Banten Class I signed a port concession agreement to strengthen industrial logistics connectivity.CDI Group Adds 9,000-DWT Vessel Novah to Strengthen Logistics Network
CDI Group launched liquid chemical vessel Novah to strengthen domestic and regional industrial logistics connectivity.Chandra Asri Group Raises Plastic Waste Processing Capacity to 300 Kg per Cycle
IPST ASARI adds a pyrolysis unit, lifting capacity to 300 kg per cycle and boosting LVP-to-fuel conversion.The Latest
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital
Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.Jakarta Expands Flood Prevention With New Water Storage Ponds
Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.Most Popular
