TBS Records 20.5 Percent Revenue Growth in Q1 2026

From Jakarta, PT TBS Energi Utama's Q1 2026 performance signifies a successful transition into the green business sector. The reported financial upturn, with a 20.5% revenue growth and a substantial 46.7% increase in gross profit, validates the company's strategic portfolio transformation through acquisitions and divestments in 2025. This positive trajectory, particularly the shift in operational cash flow from negative to positive, demonstrates enhanced financial stability and operational efficiency. The company's focus on waste management, renewable energy, and the electric vehicle ecosystem is clearly paying dividends. The waste management segment, now the main revenue driver, shows remarkable growth, contributing significantly to the company's overall performance. This success underscores the viability and profitability of sustainable business practices in Indonesia's evolving economic landscape. The company's commitment to long-term value creation for shareholders through a sustainable business model is evident, positioning TBS Energi Utama as a key player in the green economy.

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The results we achieved in the first quarter are a validation of the accuracy of the company's transformation direction. The big steps of acquisition and divestment in 2025 were a form of strategic portfolio restructuring that was planned and crucial for the company's future. This transition phase will have a temporary impact on our profits, but this transition is necessary as a foundation for TBS to become a sustainable business platform with high margins, ready to provide long-term added value for shareholders.