Jakarta. Chandra Asri Pacific (Chandra Asri Group) (IDX: TPIA) delivered solid financial results in the first half of 2026, reporting revenue of $5.3 billion, EBITDA of $802.6 million, and net profit of $371.2 million.

The performance reflects the resilience of the company's integrated business model amid continued volatility in the global petrochemical industry. Supported by its diversified portfolio across the Energy, Chemicals, and Infrastructure sectors, Chandra Asri Group continued to strengthen its position through disciplined execution, strategic asset integration, and sustainable business expansion. These initiatives reinforce the company's role as an integrated industrial solutions provider while supporting its transformation into a regional leader in energy, chemicals, and infrastructure.

Group Chief Financial Officer and Director Andre Khor said the company's focus extends beyond maintaining short-term performance to building a stronger foundation for long-term growth.

"Amid global industry volatility, our focus is not only on maintaining short-term performance, but also on ensuring that every transformation initiative is executed with discipline to build an increasingly strong and diversified growth foundation. Our first-half 2026 performance demonstrates that this strategy has strengthened the company's integrated business model while reflecting the success of Chandra Asri Group's transformation into a regional platform across Energy, Chemicals, and Infrastructure," Andre said.

"Looking ahead, we remain focused on executing our growth strategy through disciplined investments, strengthening our capital structure, and completing strategic projects such as CA-EDC to enhance the company's competitiveness in Southeast Asia," he added.

In line with its long-term growth strategy, the company also strengthened its capital structure by completing the final issuance of its Sustainable Bond V, which was oversubscribed, while increasing its free float to 25.7%. The move enhances funding flexibility, improves stock trading liquidity, strengthens corporate governance, and increases Chandra Asri Group's appeal to both domestic and international investors.

In the chemicals business, the company continues to expand its regional capabilities through the construction of the Chandra Asri Alkali–Ethylene Dichloride (CA-EDC) plant, which has reached 72% completion and entered the main infrastructure development phase. The National Strategic Project remains on track to begin commercial operations in 2027.

The company has also reached a Final Investment Decision (FID) for its $80 million C2 export expansion project, which is expected to increase export capacity, strengthen supply chain flexibility, and optimize the integration between Aster's operations in Singapore and Chandra Asri Group's downstream facilities in Indonesia.

In the energy segment, Chandra Asri Group continued its post-acquisition integration by combining the Esso fuel station network with its cold storage facilities, expanding its energy mobility capabilities while improving supply chain efficiency.

The company is also advancing the Condensate Splitter Unit (CSU) project and the revitalization of the Single Buoy Mooring (SBM) facility on Pulau Bukom. Both projects remain on schedule and are targeted to begin operations in the fourth quarter of 2026. Together, the facilities are projected to contribute an additional $20 million in EBITDA per month, further increasing the energy business' contribution to the group's overall performance.

Meanwhile, infrastructure subsidiary Chandra Daya Investasi (CDI) continued to serve as one of the group's key growth engines through the expansion of its ports and storage, logistics, and maritime businesses.

CDI expanded its strategic collaboration with SCG Barito Logistics (SBL) and Krakatau Bandar Samudera (KBS), achieved 75% progress in the construction of its bitumen storage tank facility, and completed the maiden voyage of the Novah vessel, further strengthening the company's logistics capabilities.

In addition, the establishment of the Aster Power strategic partnership with Sembcorp and CDI, along with the commencement of operations at Aster Ports & Terminals on July 1, 2026, has further strengthened the foundation for the development of the group's regional infrastructure platform.

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