Henan Putihrai set IDR 2,590.00 target for Petrindo Jaya Kreasi stock

Published on 10/13/2026 at 10:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit IDR 12.15 trillion in the first half of 2026, up 59.29 percent. Petrindo Jaya Kreasi stock stood at IDR 665.00 on October 13, 2026.

Henan Putihrai set an IDR 2,590.00 target for Petrindo Jaya Kreasi stock on October 6, 2026.
First-half 2026 revenue reached IDR 12.15 trillion, up 59.29 percent year over year.
Petrindo Jaya Kreasi stock stood at IDR 665.00 on October 13, 2026, with a market value of IDR 74.7 trillion.
The company reported first-half 2026 net income of IDR 271.59 billion, compared with IDR 46.04 billion a year earlier.

Petrindo Jaya Kreasi, ID1000187206, Illustration mit AI erstellt.

Henan Putihrai set an IDR 2,590.00 target for Petrindo Jaya Kreasi stock on October 6, 2026, according to Petrindo Jaya Kreasi. The target puts the analyst reference 289.47 percent above the IDR 665.00 stock price dated October 13, 2026, a gap that makes operating execution central to the valuation story.

Revenue expands in first half

Kontan reported that revenue reached IDR 12.15 trillion in the first half of 2026, up 59.29 percent from IDR 7.63 trillion in the first half of 2025. Gross profit rose to IDR 1.68 trillion from IDR 790.85 billion over the same period, while operating profit reached IDR 1.13 trillion versus IDR 678.00 billion.

The earnings mix also improved on the reported numbers. Net income for the first half of 2026 reached IDR 271.59 billion, compared with IDR 46.04 billion in the first half of 2025, while profit attributable to owners of the parent company stood at IDR 326.37 billion.

What does the IDR 2,590.00 target imply?

The target is not a price forecast from this article; it is the dated reference published in the company's investor-relations research table. Its 289.47 percent premium to the October 13 price indicates that the market quotation and the analyst case assign materially different values to Petrindo Jaya Kreasi's growth profile.

Three dated operating markers

Petrindo Jaya Kreasi lists three recent reference points: an idA Stable bond rating released on March 12, 2026, financial statements for the period ending June 30, 2026, and the Henan Putihrai target dated October 6, 2026. Together, the dates connect balance-sheet financing, first-half performance and the latest equity valuation view.

The investor page also lists bond maturities on October 24, 2026 and October 24, 2030. Those dates give the capital structure a visible timetable alongside the operating figures.

Stock price and market value

Petrindo Jaya Kreasi stock stood at IDR 665.00 on the Indonesia Stock Exchange on October 13, 2026. The 52-week range was IDR 464.00 to IDR 2,870.00, while market capitalization was IDR 74.7 trillion on the same date.

The company operates in energy and coal mining, with activities that also include precious metals, fuel and metal trading, and freight services. The next valuation test is whether the first-half revenue growth and profit expansion can support the distance between the IDR 665.00 market price and the IDR 2,590.00 research target.