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🇮🇩 Indonesia /Economy & Trade

FORE Coffee Indonesia's Net Profit Climbs 34% in First Half of 2026

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • PT FORE Kopi Indonesia Tbk. (FORE) reported a net profit of Rp 56.5 billion in the first half of 2026, a 34% increase year-on-year.
  • The company's revenue reached Rp 1 trillion, up 52% from the same period last year, with EBITDA growing 65% to Rp 216 billion.
  • FORE Coffee Indonesia expanded its store count to 377 locations across more than 60 cities, with 40% of new stores in tier 2 and 3 cities.

PT FORE Kopi Indonesia Tbk. (FORE) achieved a net profit of Rp 56.5 billion in the first half of 2026, marking a significant 34% year-on-year growth from Rp 42 billion in the first half of 2025. This performance reflects the company's operational discipline, from product consistency to customer experience.

President Director Vico Lomar highlighted the company's disciplined capital allocation, ensuring that funds from its IPO and new store openings are strategically managed for shareholder returns. Revenue surged by 52% to Rp 1 trillion in the first half of 2026, compared to Rp 662 billion in the prior year. EBITDA also saw a substantial 65% increase, reaching Rp 216 billion from Rp 131 billion.

During the first half of 2026, FORE Coffee Indonesia opened over 40 new outlets, with 40% strategically located in tier 2 and 3 cities. This expansion addresses the growing demand for premium coffee experiences in these markets and demonstrates the management's commitment to utilizing IPO funds effectively. The total number of active stores now stands at 377, an increase from 259 in the first half of 2025, including 10 FORE Donut outlets and 4 FORE Coffee Singapore locations, bringing the total network to 377 stores in over 60 cities.

DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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