PT Sumber Alfaria Trijaya Tbk (AMRT) investor relations material

Executive summary

• Revenue grew 7.5% year-over-year to IDR 35,240 billion in 1Q26, with gross profit up 7.1% and net profit attributable to owners rising 10.3%.

• EBITDA increased 11.1% year-over-year, and operating income rose 14.5% in the same period.

• Market share in modern trade minimarkets remained strong at 35.4% for Alfamart and 41.9% for Alfamart + Alfamidi.

• Earnings per share for Q1 2026 was IDR 26.12, compared to IDR 23.48 in Q1 2025.

• Gross profit margin was 21.8% in 1Q26.

Financial highlights

• Total assets as of March 31, 2026 were Rp45,809,724 million, up from Rp42,579,101 million at year-end 2025.

• Cash and cash equivalents rose to Rp6,214,195 million from Rp4,679,823 million at year-end 2025.

• Net profit margin increased to 3.1% in 1Q26.

• Operating profit margin improved to 4.10%, up 0.25 points year-over-year.

• Interest-bearing debt to equity ratio: 0.04x, well below covenant limits.

Outlook and guidance

• Distribution center strategy in 2026 focuses on optimizing and expanding existing facilities, with no new DCs planned.

• Outer island regions and Java are expected to continue driving growth, supported by strong consumer confidence and modern trade momentum.

• Management continues to focus on network expansion and operational efficiency.

• The group expects to maintain healthy capital ratios and compliance with loan covenants.

• No changes to capital structure or dividend policy were announced.