Revenue rose 11%, EBITDA climbed 38%, while interim dividend reflects confidence in cash flow despite geopolitical uncertainty, shifting trade patterns, and volatile freight markets
PT Samudera Indonesia Tbk (SMDR) reported an 11% increase in first-half net profit as stronger operating performance across its shipping and logistics businesses lifted earnings despite persistent uncertainty in global trade.
The company posted net profit attributable to shareholders of US$32.5 million in the first six months of 2026, up from US$29.3 million a year earlier. Revenue rose 11% year-on-year to US$421.8 million, while earnings before interest, taxes, depreciation and amortization (EBITDA) jumped 38% to US$132.8 million from US$96.3 million, according to its financial statements.
Samudera Indonesia said the stronger earnings reflected steady growth across its diversified operations, which include shipping, logistics, terminals and port services. EBITDA outpaced revenue growth, indicating improved operating efficiency despite continued volatility in freight markets and changing global supply chain patterns.
The company’s financial position also strengthened during the period, with total assets rising about 4% from the end of 2025, supporting its expansion plans while maintaining a prudent balance sheet.
Shareholders approved an interim dividend of IDR 40.93 billion, equivalent to IDR 2.50 per share, at the company’s annual general meeting on July 30. The dividend, representing about 7% of first-half net profit attributable to shareholders, is scheduled to be paid on Aug. 29.
The dividend decision underscores management’s confidence in the company’s cash flow while maintaining investments to support future growth.
Samudera Indonesia said the shipping and logistics industry is expected to remain challenged by geopolitical tensions, fluctuating freight rates and uncertain global trade conditions.
However, the company expects its diversified business portfolio and integrated network of shipping, logistics, terminal and port services to position it to benefit from growing cargo flows in Asia and Indonesia’s domestic market through the remainder of the year.