Indonesian corporations report strong Q3 2026 financial results

Several major Indonesian companies reported robust financial performance for the first nine months of 2026. PT Telkom Indonesia (Persero) Tbk recorded consolidated revenue of Rp113.5 trillion, a 3.5% year-on-year increase, driven by an 8.3% rise in Data, Internet, and IT Services. The telecommunications giant reported a net profit of Rp14.4 trillion.

PT Indosat Tbk also showed strong momentum, with revenue growing 11% year-on-year to Rp45.8 trillion. The company is currently accelerating its transformation into an AI TechCo, reporting a net profit of Rp4.9 trillion, a 37.2% increase.

In the industrial sector, PT Semen Indonesia (Persero) Tbk (SIG) saw its net profit surge 363.1% year-on-year to Rp532 billion, despite industry overcapacity and rising energy costs. Meanwhile, automotive component manufacturer PT Selamat Sempurna Tbk (SMSM) reported net sales of Rp4.18 trillion, a 6.74% increase, with a net profit of Rp874 billion.

In the cybersecurity sector, PT ITSEC Asia Tbk (CYBR) reported a 39% increase in consolidated revenue to Rp92.8 billion for the third quarter, contributing to a cumulative net profit of Rp22.6 billion for the first nine months of the year.