Barito Pacific stock: First-half revenue surges, profit stays positive

Published on 11/10/2026 at 03:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barito Pacific stock follows a first-half update from the Indonesian energy and industrial group. Management highlighted refinery integration and renewable growth.

First-half results and investment priorities

Barito Pacific reported higher revenue in its petrochemical and renewable energy activities.
Management linked operating resilience to refinery integration and renewable generation.
The domestic CA-EDC project remains on track for commissioning in 2027.

Barito, ID1000085707, Illustration mit AI erstellt.

Barito Pacific reported strong top-line growth for the first six months of 2026, although profitability and EBITDA declined from the prior-year period. The Indonesian group said in a July 31, 2026 release that consolidated revenue rose 76.1 percent year over year to US$5,686 million. EBITDA reached US$1,084 million, while net profit after tax was US$518 million.

The revenue increase was led by the petrochemical business, whose contribution rose to US$5,349 million from US$2,913 million. Energy revenue increased to US$334 million from US$300 million. Barito Pacific attributed the stronger performance to refinery operations and the integration of retail fuel assets in Singapore, while standalone chemical facilities in Indonesia faced more difficult market conditions.

Profitability remains under pressure

Despite the revenue gain, EBITDA fell 45.1 percent from the first half of 2025 and the EBITDA margin narrowed to 19.06 percent from 61.13 percent. Net profit after tax declined 70.0 percent from US$1,724 million. Profit attributable to owners of the company was US$190 million, compared with US$540 million in the previous-year period.

Barito Pacific stock traded at EUR 0.04 on Lang & Schwarz at 22:59 CET on Monday, November 9, 2026. The quote was available in European over-the-counter trading after the Indonesian company released its first-half figures earlier in the year.

Projects shape the next phase

Management said the approximately US$1 billion domestic CA-EDC project had reached 72 percent construction completion and remained on track for commissioning in 2027. The company also expects its total installed geothermal capacity to exceed 1 GW by the end of 2026.

Integrated energy and industrial portfolio

Barito Pacific is an Indonesia-based energy and industrial group with petrochemical, refinery, infrastructure and renewable-energy activities. Through Barito Renewables, it operates renewable assets with combined capacity of 1,005 MW and holds a controlling stake in Chandra Asri Pacific, which provides energy, chemical and infrastructure solutions in Southeast Asia.

Simply Wall St identifies Chandra Asri Pacific, Impack Pratama Industri and Bumi Resources Minerals as comparable Indonesian listed companies. Barito Pacific is more diversified than the chemical-focused peers because its portfolio also includes power and geothermal assets, while Chandra Asri Pacific remains its key petrochemical exposure.