PT Petrindo Jaya Kreasi (CUAN) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached US$371.3 million, up 73.5% year-over-year, driven by mining, engineering, and construction segments.

• Net profit for the period was US$5.4 million, a significant increase from US$2.3 million in Q1 2025.

• Major acquisitions in 2024–2025 expanded the group’s mining and engineering footprint.

Financial highlights

• Gross profit rose to US$56.3 million from US$16.9 million year-over-year.

• Operating profit increased to US$31.0 million from US$19.9 million year-over-year.

• EBITDA and depreciation/amortization for the quarter were US$43.6 million and US$3.3 million, respectively.

• Total assets as of March 31, 2026, stood at US$2.76 billion, with equity of US$628.2 million.

• Cash and cash equivalents at quarter-end were US$232.9 million.

Outlook and guidance

• Management expects continued growth in mining and engineering contracts, supported by a robust order book and recent acquisitions.

• Ongoing focus on operational efficiency and integration of acquired entities.