EBITDA also increased by 5.4%, from IDR449 billion in the first half of 2024 to IDR473 billion this year. This performance was primarily supported by the resilience of the domestic market despite ongoing economic challenges.
“We are grateful to have delivered solid performance amid a challenging economic environment. We remain committed to consistently maintaining the quality of our products and services as part of our dedication to our customers. This approach has helped us retain market trust and strengthen our position, particularly in the domestic market,” said Haryanto Tjiptodihardjo, the Company’s president director.
Building on our achievements in the first half, the Company remains optimistic about achieving its 2025 targets, including revenue of IDR4.2 trillion and net income of IDR600 billion.
In July, PT Alcoseven Cipta Pratama, a subsidiary of the Company, was officially appointed as the exclusive distributor of Seven Aluminum Composite Panel (ACP). This appointment marked a strategic milestone in streghtening the Company’s distribution network in the building façade segment.
The addition of Seven ACP further enhances the Company’s ACP product portfolio, which previously included Alcotuff and Decobond brands. With this expanded lineup, the Company is able to offer a broader range of products to meet diverse customers’ needs, improve satisfaction, and elevate the overall customer experience.
In addition, the Company is preparing to launch two new products this year:
PVC celuka foam board under the Triplex brand, designed as a modern alternative to traditional plywood. This product offers key advantages such as termite resistance and moisture resistance, making it particularly suitable for Indonesia’s tropical climate.
Decorative wall panel under the Decobond Decorative Panel and Alvera Wall Stone brands, made of PVC with marble-like patterns. These panels provide aesthetically pleasing interior solutions that are lightweight, and cost-effective.
“We believe these two new products will address the evolving needs of our customers, while reinforcing the Company’s commitment to delivering innovative solutions,” added Haryanto.
Reporter: PR Wire
Editor: PR Wire
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