Indonesian corporations report strong Q3 2026 financial performance

Various Indonesian companies have reported significant financial growth for the third quarter of 2026. In the mining sector, PT Timah (Persero) Tbk recorded a record net profit of Rp4.12 trillion for the first nine months of the year, a 584 percent increase compared to the same period in 2025. PT Bukit Asam Tbk (PTBA) also reported a net profit of Rp4.41 trillion through the third quarter.

In the telecommunications sector, PT Indosat Tbk reported an 11 percent year-on-year revenue increase to Rp45.8 trillion, with net profit rising 37.2 percent to Rp4.9 trillion. The company is currently focusing on its transformation into an AI TechCo.

The banking and property sectors also showed positive trends. PT Sentul City Tbk (BKSL) saw net profit rise 67.5 percent to Rp124.2 billion, driven by land and residential sales. In the automotive and distribution sector, PT Mitra Pinasthika Mustika Tbk (MPMX) reported a 23 percent increase in net profit to Rp539 billion, despite relatively stagnant revenue, due to improved margins in distribution and retail.

Other notable performers include PT Chandra Asri Pacific Tbk, which reported sales of USD8.2 billion, and PT VKTR Teknologi Mobilitas Tbk, which saw a 47 percent surge in net profit to Rp12.1 billion, supported by rising electric vehicle sales.