Darma Henwa Continues Business Transformation in 2026

Enhanced Operational Performance

PT Darma Henwa Tbk (DEWA), a prominent player in Indonesia's mining services sector and part of the Bakrie Group, is focusing on continuing its business transformation efforts into 2026. The company's operational performance in Q3 2025 showed positive growth, with overburden removal reaching 110.78 million bcm, representing a 2.04% year-on-year increase compared to the same period last year. Similarly, coal production stood at 12.47 million tons, marking a 1.14% yoy growth.

Financial Highlights

While DEWA has not yet released its full financial results for Q3 2025, the company's performance in the first half of 2025 was particularly noteworthy. Revenue for H1 2025 amounted to Rp 3.12 trillion, reflecting a 6.44% increase from the same period in the previous year. More strikingly, the company reported a net profit of Rp 168.01 billion, representing a substantial increase of 1,075.72% year-on-year. EBITDA also demonstrated significant growth, rising by 100.09% yoy to Rp 521.21 billion.

Business Outlook

The strong financial performance in the first half of the year positions DEWA well as it enters 2026 with plans to continue its business transformation. The company's focus on operational efficiency and strategic growth initiatives is expected to drive further improvement in its financial and operational metrics. As DEWA navigates the evolving landscape of Indonesia's mining sector, its commitment to transformation is likely to be a key factor in its continued success.