Chandra Asri Pacific (TPIA) investor relations material

Executive summary

• Revenue for 6M 2026 reached US$5.35 billion, reflecting resilient performance, acquisitions, and higher selling prices amid geopolitical volatility.

• EBITDA was US$803 million and net profit was US$371 million, with underlying performance excluding one-off items; net profit attributable to owners was US$283.2 million, reflecting higher costs and one-off items.

• Advanced strategic milestones including retail network integration, infrastructure expansion, and regional connectivity initiatives, with major acquisitions such as ExxonMobil Singapore's fuel retail and Aster Chemicals and Energy.

• Strengthened regional leadership in energy, chemicals, and infrastructure with ongoing investments and operational enhancements.

Financial highlights

• Revenue increased to US$5.35 billion for 6M 2026, with EBITDA at US$803 million and net profit at US$371 million, excluding one-time gains.

• Gross profit for H1 2026 was US$729.1 million, and operating profit reached US$731.3 million.

• Total assets rose to US$13.77 billion, up 12% from FY 2025, and retained earnings grew 18% to US$2.0 billion.

• Shareholders' equity increased 7% to US$5.0 billion, and liquidity pool remained stable at US$3.9 billion.

• Basic earnings per share for H1 2026 was US$0.0033.

Outlook and guidance

• Ongoing infrastructure projects, including CA-EDC and power expansions, are expected to drive long-term growth and margin expansion.

• Start-up of key assets like CSU and SBM in Q4 2026 projected to deliver a US$20 million monthly EBITDA uplift.

• Management expects continued volatility in raw material prices and logistics due to geopolitical tensions, focusing on operational resilience and supply chain diversification.

• Future earnings and cash flows may be impacted by the duration and scale of global conflicts.

• Continued focus on M&A, digital transformation, and sustainability initiatives to support future growth.