CDI Group Revenue Grows 19 Percent to US$41.2 Million in Q1 2026

Photo: Doc. PT Chandra Daya Investasi Tbk

JAKARTA - PT Chandra Daya Investasi Tbk (CDI Group) or CDIA, recorded strong revenue performance in the first quarter of 2026, driven by solid demand and sustainable expansion of the infrastructure platform. During the first three months of this year, the Company recorded revenue of US$ 41.2 million or grew 19 percent (year-on-year).

According to CDI Group Director, Jonathan Kandinata, during the first three months of this year CDIA recorded adjusted EBITDA of US$ 14.1 million or jumped 125.4 percent (year-on-year), mainly supported by the contribution of strategic initiatives and asset expansion carried out in 2025, including the addition of maritime and land logistics assets as well as solar energy capacity.

"CDI Group continues to show resilient performance and consistent execution in various cycles, supported by an integrated infrastructure platform and discipline in capital allocation," said Jonatha in a statement released in Jakarta, Thursday, April 30.

Jonathan said that CDIA's performance was supported by high asset utilization, a stable recurring revenue base and an increase in third-party contributions, with additional upside from the increase in spot ship rates in the midst of favorable logistics market conditions. Positive performance in the top line area in the first quarter of 2026 was able to create a net profit after tax of 9.5 million US dollars.

In addition to that, CDI Group also managed to maintain a strong financial position, with a liquidity ratio of US$954.2 million and a debt-to-capitalization ratio of 39 percent. This achievement provides flexibility to capture growth opportunities while maintaining financial resilience.

In the first quarter of 2026, CDIA strengthened its maritime logistics platform through the addition of Boreas, a 9,000 DWT chemical tanker developed jointly with Fukuoka Shipbuilding Co Ltd, Japan. The vessel is designed to serve domestic and international routes. Boreas, which is scheduled to be operational this year, not only adds to the fleet's capacity, but also strengthens CDI Group's presence in Asia and Europe, as well as supporting the development of a more integrated regional logistics platform.

Across all business segments, CDI Group is consistently and sustainably executing a growth pipeline focused on strategic expansion to strengthen recurring revenue generation, improve asset integration and drive long-term value creation.

In the energy segment, solar power capacity reached 11 MWp, with an additional 5 MWp in development and planned to be operational in 2026, while in the water segment, CDIA developed an additional 600 lps capacity at the Krenceng WTP as well as a wastewater treatment facility of 1,200 cubic meters per day in Cilegon to strengthen the integrated water platform.

Meanwhile, in the port and storage segment, the development of infrastructure from the IPO fund - including storage tanks, ethylene pipelines and supporting facilities - is progressing according to plan. The construction of the 12,000 cubic meter bitumen tank of RPU is also continuing and is targeted to be completed this year. For the logistics segment, fleet expansion continues to 20 vessels in the gas, chemical and dry bulk segments by the end of 2026, to support captive and third-party demand.

Furthermore, Jonathan said that CDIA entered the remainder of 2026 with a strong financial position, a solid project pipeline and an expanding customer base. As of March 31, 2025, total assets reached US$1.9 billion or grew 9 percent (year-to-date), with equity of US$1.14 billion.

"The CDI Group's integrated infrastructure model continues to generate visible and scalable revenue, supported by a diversified portfolio that combines stable recurring revenue with selective exposure to spot market-based opportunities, so that it remains resilient while being able to capture growth opportunities in various market conditions," said Jonathan.