PT Cikarang Listrindo Tbk has released its financial results for the first half of 2025. The company reported a revenue of $271.3 million from its industrial customers. This reflects its position as the longest operating private power producer in Indonesia, serving a diverse range of customers in the automotive, electronics, plastics, food, chemicals, consumer goods, textile, and data center sectors. The company maintains a robust credit profile with S&P/Moody's credit ratings of BBB-/Baa3, classified as Investment Grade. Additionally, PT Cikarang Listrindo Tbk continues to uphold its strategic relationships, including a Power Purchase Agreement with PT Perusahaan Listrik Negara for 150 MW until May 2031. The company also boasts a total installed generating capacity of 1,144 MW, including gas-fired, steam, and solar power plants. The outlook for PT Cikarang Listrindo remains positive as it continues to expand its solar power capacity with an additional 13.1 MWp in progress. The company's commitment to delivering a strong dividend yield and maintaining a high return on equity underscores its stable financial performance.
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