Petrindo Jaya Kreasi tops LQ45 as Petrindo Jaya Kreasi stock gains 59.43 percent
Published on 10/16/2026 at 09:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOperating scale and market position
- Petrindo Jaya Kreasi led the LQ45 quarterly ranking with a 59.43 percent gain by September 30, 2026.
- First-half 2026 revenue reached IDR 12.15 trillion, up 59.29 percent year over year.
- Petrindo Jaya Kreasi stock stood at IDR 540.00 at 2:02 p.m. WIB on October 16, 2026.
- Market capitalization was IDR 60.7 trillion on October 16, 2026.
Petrindo Jaya Kreasi (ISIN ID1000187206) was the top gainer in the LQ45 index during the third quarter, with a 59.43 percent rise from June 30 to September 30, 2026, according to Databoks. The stock then stood at IDR 540.00 at 2:02 p.m. WIB on October 16, 2026, after the latest Indonesian market selloff, as reported by Bisnis.
Why 59.43 percent matters
The quarterly ranking highlights how quickly Petrindo Jaya Kreasi expanded its market value before the October correction. The share price rose from IDR 530.00 on June 30 to IDR 845.00 on September 30, a gain of IDR 315.00, according to Databoks. That comparison matters because the latest quote is IDR 305.00 below the September 30 level.
The operating base also grew. Petrindo reported first-half 2026 revenue of USD 736.10 million, equivalent to IDR 12.15 trillion in the figures cited by Petrindo Jaya Kreasi, up 59.29 percent from IDR 7.63 trillion in first-half 2025, according to Kontan. Net income for the period reached IDR 271.59 billion, compared with IDR 46.04 billion a year earlier.
Chronology shows a sharp reset
On June 30, 2026, the stock stood at IDR 530.00; on September 30, it reached IDR 845.00; and on October 16, it was quoted at IDR 540.00. The first two levels and the 59.43 percent quarterly increase are reported by Databoks, while the October 16 quote is reported by Bisnis.
What comes next for the business?
Petrindo's investor page lists a 680-megawatt power project in Halmahera Timur alongside coal, gold, silver, silica sand and mining services. Its financial summary for fiscal year 2025 showed USD 1.22 billion in revenue, USD 152.00 million in net income and a 13 percent net margin, according to Petrindo Jaya Kreasi. The investor page also lists October 24, 2030 as the maturity date for several second-stage bond and sukuk issues.
Indonesia quote and valuation
The latest quote places the company at a market capitalization of IDR 60.7 trillion. The 52-week range is IDR 464.00 to IDR 2,870.00, leaving the latest price in the lower part of that span and underscoring the distance between the September quarter-end level and the October 16 quote.
Petrindo Jaya Kreasi stock stood at IDR 540.00 at 2:02 p.m. WIB on the Indonesia Stock Exchange on October 16, 2026.
Petrindo Jaya Kreasi stock facts
- Company: PT Petrindo Jaya Kreasi Tbk
- ISIN: ID1000187206
- Ticker: CUAN
- Primary exchange: Indonesia Stock Exchange
- Price on Indonesia Stock Exchange (as of October 16, 2026, 2:02 p.m. WIB): IDR 540.00
- Market capitalization: IDR 60.7 trillion (as of October 16, 2026)
- 52-week range: IDR 464.00-2,870.00 (as of October 16, 2026)
- Sector / Industry: Energy / Coal
- Index membership: LQ45
Market context: Market report IDX Composite.
