Chandra Asri plans 1,000 jobs: what it means for Chandra Asri stock

Published on 10/13/2026 at 09:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 5.35 billion in the first half of 2026, up 83.59 percent. Chandra Asri stock links to USD 800 million at 80 percent completion.

Key points in brief

Chandra Asri planned more than 1,000 jobs in Indonesia through 2028 as its regional expansion broadened.
First-half 2026 revenue reached USD 5.35 billion, up 83.59 percent year over year, while net income fell 77.53 percent to USD 283.24 million.
The CA-EDC project had reached 80 percent completion by September 2026 and carries an investment of more than USD 800 million.
The stock was quoted at IDR 1,490 on the IDX on October 13, 2026, while market capitalization stood at IDR 128.8 trillion.

Chandra Asri, ID1000090301, Illustration mit AI erstellt.

Chandra Asri (ID1000090301) planned more than 1,000 jobs in Indonesia through 2028, according to Bisnis.com on October 5, 2026. The hiring plan is tied to the group's expansion across energy, chemicals, infrastructure and mobility, giving Chandra Asri stock a concrete operating storyline beyond petrochemical output.

Three dated expansion signals

On September 29, 2026, the CA-EDC project had reached 80 percent completion, with investment of more than USD 800 million and commercial operations targeted for 2027, according to Kontan.

On October 5, 2026, Chandra Asri reported readiness to repay IDR 266.95 billion of bonds due on October 29, 2026, while the CA-EDC installation moved into major equipment work, as EmitenNews reported. Also on October 5, 2026, the company said it would add more than 1,000 Indonesian jobs through 2028, according to Bisnis.com.

What does the expansion mean?

The operating opportunity is substantial, but the latest earnings show why execution matters. Databoks reported that revenue reached USD 5.35 billion in the first half of 2026, up 83.59 percent year over year, while profit attributable to owners fell 77.53 percent to USD 283.24 million from USD 1.26 billion.

That contrast places the CA-EDC buildout under a clear test: capacity expansion must eventually translate into profitable sales rather than revenue growth alone. The project is designed to support domestic chlor-alkali demand and regional ethylene dichloride supply, while the planned jobs indicate that staffing and operating readiness are moving alongside construction.

IDX price and market value

Chandra Asri was trading at IDR 1,490 on the IDX on October 13, 2026 at 1:53 p.m. WIB. Its market capitalization was IDR 128.8 trillion on the same date, giving the stock a substantial valuation backdrop as investors weigh expansion spending, bond repayment and the weaker first-half profit comparison.