ESSA Industries Indonesia stock posts stronger H1 profit
Published on 10/07/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ESSA Industries Indonesia generated USD 186.5 million in H1 2026 revenue, while its shares were trading at IDR 585 on October 7, 2026 at 2:05 p.m. WIB. The company result gives the stock a stronger fundamental anchor even as the session price stood IDR 5 below the prior close.
H1 revenue reaches USD 186.5 million
According to ESSA, H1 2026 revenue reached USD 186.5 million, compared with USD 138 million in H1 2025. That is a USD 48.5 million increase across the same half-year reporting period.
Gross profit rose to USD 66 million from USD 38 million, while net profit for the period increased to USD 42 million from USD 20 million. Net profit attributable to owners reached USD 30.2 million, compared with USD 15 million in H1 2025, according to the company's investor-relations figures.
The balance sheet also expanded during the period. Total assets stood at USD 693.3 million as of June 30, 2026, against USD 639 million at the end of H1 2025, while total equity reached USD 554.2 million.
Mirae sets three price levels
On October 5, 2026, Mirae Asset Sekuritas Indonesia classified ESSA as a rebound candidate and assigned an Accumulative Buy view in its technical research. The report listed targets of IDR 620, IDR 640 and IDR 770.
The same report placed the entry area at IDR 555 to IDR 615 and identified support at IDR 555 and IDR 505. Those levels frame the market's technical debate, while the H1 figures provide a separate operating measure for the company.
Stock remains below its yearly high
At IDR 585 on October 7, ESSA was 41.2 percent below its 52-week high of IDR 995 and 15.8 percent above its 52-week low of IDR 505. The session range was IDR 580 to IDR 595, with volume of 12,326,300 shares.
The daily change was negative 0.85 percent from the prior close of IDR 590. Market capitalization stood at IDR 10.1 trillion, giving the H1 earnings improvement a market value context without turning the technical targets into a forecast.
ESSA stock trades at IDR 585
ESSA Industries Indonesia stock was trading at IDR 585 on the Indonesia Stock Exchange on October 7, 2026 at 2:05 p.m. WIB. The quotation was below the session open of IDR 595.
ESSA Industries Indonesia stock facts
- Company: PT ESSA Industries Indonesia Tbk
- Ticker: ESSA
- Trading venue: Indonesia Stock Exchange
- Price (as of October 7, 2026, 2:05 p.m. WIB): IDR 585
- Market capitalization: IDR 10.1 trillion (as of October 7, 2026)
- 52-week range: IDR 505-995 (as of October 7, 2026)
- Sector / Industry: Basic Materials / Chemicals
- Index membership: LQ45
