Hartadinata Abadi's Revenue Surges 196.96 Percent

PT Hartadinata Abadi Tbk (HRTA), a prominent Indonesian company dealing in gold jewelry and bars, has announced a remarkable financial performance for the first quarter of 2026. The company's revenue soared by an impressive 196.96%, reaching Rp 20.16 trillion, a substantial jump from Rp 6.78 trillion recorded in the first quarter of 2025.

This surge in revenue was mirrored by a significant increase in net profit, which grew by 189.48% to Rp 433.49 billion in Q1 2026, compared to Rp 149.75 billion in the prior-year period. Sandra Sunanto, the President Director of Hartadinata, attributed this positive growth to the company's effective business strategies in capitalizing on market opportunities amidst global economic dynamics.

The company's success was largely driven by a 75.18% year-on-year increase in the sales volume of pure gold, reaching 7.83 tons. This was complemented by a 71.01% rise in the average selling price per gram, which stood at Rp 2,567,213. The wholesale segment continues to dominate HRTA's business, contributing 90.6% to total revenue, with significant input from financial institutions and Islamic banks. The retail segment followed with 9.13%, and the pawn segment contributed 0.26%.

Looking back at the full year 2025, Hartadinata Abadi also posted record-breaking results. Revenue for 2025 climbed to Rp 44.55 trillion, a 144.39% increase year-on-year from Rp 18.23 trillion in 2024. Net profit for 2025 reached Rp 978.49 billion, up 121.29% from Rp 442.18 billion in 2024. In line with these strong results, the Annual General Meeting of Shareholders approved a dividend of Rp 40 per share for the 2025 fiscal year, yielding approximately 1.8% based on the share price of 2,300.