DEPO Shares Dividends and Strengthens National Expansion Strategy

JAKARTA - PT Caturkarda Depo Bangunan Tbk (DEPO) held the Annual General Meeting of Shareholders (RUPST) for the 2025 Fiscal Year on Monday, June 29, 2026. At the meeting, shareholders approved all agenda proposed by the Company, including the approval of the annual report and financial statements for the 2025 fiscal year, the use of net profit, the appointment of public accountants, changes in the composition of the Company's management, and the report on the realization of the use of funds from the Initial Public Offering (IPO).

In the midst of global economic dynamics and increasingly competitive industry competition, the Company managed to maintain a solid business performance throughout 2025. DEPO recorded business revenue of IDR 2.88 trillion, an increase of 2.1 percent compared to the previous year of IDR 2.82 trillion. This growth was supported by an increase in organic sales in various operational areas of the Company, with the largest growth contribution coming from Bali.

The company also recorded gross profit of IDR 584.2 billion, an increase from IDR 557.3 billion in the previous year. Meanwhile, net profit attributable to owners of the parent entity was recorded at IDR 77.0 billion.

As a form of commitment in providing added value to shareholders, RUPST has approved a cash dividend of Rp1.5 per share or with a total value of Rp10.2 billion. In addition, the Company has set aside a reserve fund of Rp5.0 billion in accordance with applicable laws and regulations, while the remainder will be recorded as retained earnings to support future business development.

In the RUPST, shareholders also approved changes to the composition of the Company's Board of Commissioners and Board of Directors effective July 1, 2026. Henryanto Komala was appointed as the President Director of the Company, while Kambiyanto Kettin was appointed as the President Commissioner of the Company.

Kambiyanto Kettin said that the Company will continue to focus on strengthening the foundation for long-term growth through a combination of measured expansion, operational efficiency improvement, product portfolio strengthening, and digital capability development.

"The Company sees opportunities for growth that are still open as the needs of the community for building materials and home improvement products in various regions of Indonesia continue to grow. Therefore, we will continue to strengthen competitiveness through improved service quality, strengthening product portfolios, and developing business networks selectively and measurably," said Kambiyanto.

Regarding business development strategies, the Company will continue to expand its store network by considering market potential, location quality, and investment discipline that can contribute positively to sustainable business growth.

"We believe that selective expansion supported by a strong understanding of the market will further strengthen the Company's position in the national building materials retail industry," he added.

Apart from network development, the Company will continue to strive to improve profitability by optimizing product mix, increasing the contribution of house brand products, strengthening cooperation with strategic suppliers, and various operational efficiency initiatives.

On the other hand, the development of digital channels remains one of the Company's main priorities as part of an integrated omnichannel strategy.

"Our digital channel is seen as a strategic complement to the physical store network. Through the omnichannel approach, the Company strives to provide a shopping experience that is easier, more comfortable, and integrated for customers, while supporting operational effectiveness and strengthening customer relationships," explained Kambiyanto.

The Company also reported that all net funds from the IPO of IDR 487.8 billion had been realized according to the planned use that had been submitted to regulators and shareholders. The funds were used for capital expenditures, loan repayments, investments in subsidiaries, and the Company's working capital.

Closing his statement, Kambiyanto emphasized the management's commitment to continue to maintain a balance between business growth, profitability, and good corporate governance.

"The main focus of management going forward is to maintain a balance between business growth, profitability, and capital management discipline. We are committed to implementing strategies that strengthen the Company's fundamentals while creating sustainable long-term value for all shareholders and stakeholders," he concluded.