Key insights and market outlook
PT Selamat Sempurna Tbk (SMSM), a leading automotive component manufacturer, is targeting single-digit revenue and net profit growth for 2026 amid global economic uncertainty. The company reported 2.65% year-on-year sales growth to Rp 3.92 trillion and 13.50% net profit increase to Rp 820 billion for Q3-2025. Management remains cautious due to rising geopolitical tensions and market volatility.
PT Selamat Sempurna Tbk (SMSM), a prominent player in Indonesia's automotive components industry, has set a target of achieving single-digit growth in both revenue and net profit for the year 2026. According to Ang Andri Pribadi, Deputy President Director of SMSM, this target is based on a careful assessment of the current global economic conditions and market dynamics.
In the third quarter of 2025, SMSM demonstrated resilience with a 2.65% year-on-year increase in sales, reaching Rp 3.92 trillion. The company's net profit attributable to the parent entity also showed significant growth, rising by 13.50% year-on-year to Rp 820 billion. These positive results were achieved despite the challenging global economic environment.
Ang Andri Pribadi emphasized that the company's 2026 target is set against the backdrop of heightened geopolitical tensions and economic uncertainty. The management remains cautious in its projections, balancing ambition with the need for prudent financial management in volatile market conditions.
The automotive component industry continues to face both challenges and opportunities. SMSM's strategic planning for 2026 reflects its commitment to navigating these complexities while maintaining sustainable growth. The company's focus on operational efficiency and market adaptability will be crucial in achieving its single-digit growth target.
2026 Growth Target Announcement
Q3 2025 Financial Results