Elnusa's Strategic Expansion Boosts Investor Confidence

Strong Financial Performance in Q3 2025

PT Elnusa Tbk (ELSA) has demonstrated robust financial performance in the first nine months of 2025, with revenue reaching Rp 10.4 trillion in Q3 2025, representing a 9% year-on-year increase. This growth was driven by the company's diversified business segments, particularly in energy distribution and logistics services, which accounted for 58% of total revenue.

Business Segment Highlights

The energy distribution and logistics services segments were the primary drivers of Elnusa's revenue growth, contributing through various activities such as fuel trading, transportation, depot management, and chemical operations/INMAR. Arief Machrus, Analyst at Ina Sekuritas, noted that all business segments supported the company's performance growth.

Challenges and Future Outlook

Despite the revenue growth, Elnusa reported a 4.48% decline in net profit to Rp 526.56 billion. However, the company's strategic initiatives, particularly in low-carbon businesses and expansion plans, are expected to be key catalysts for future performance. Analysts remain optimistic about Elnusa's prospects, citing its commitment to sustainable business practices and growth strategies.

Investor Confidence and Market Position

Elnusa's strong financial results and forward-looking business strategies have boosted investor confidence in the company. The company's ability to navigate the energy sector's challenges while maintaining growth has positioned it favorably in the market.