Chandra Asri - Your Growth Partner
9M2025 Earnings Call, 05 November 2025
Overview
9M2025 Earnings Call
3
Agenda
Topic |
Welcome Sarah Soraya - Investor Relations |
Chandra Asri Group's Achievements Andre Khor - Group CFO Alexandra Sukanegara - Investor Relations Philippe Pangestu - Investor Relations |
Next Steps: Path for future growth Andre Khor - Group CFO |
Q&A |
Closing |
Today's Speakers
Andre Khor
Chandra Asri Group CFO
Alexandra Sukanegara
Investor Relations
Philippe Pangestu
Investor Relations
Sarah Soraya
Investor Relations
Chandra Asri Group - Business Portfolio
Powering Business and Growth in Southeast Asia
Vision: "Southeast Asia's leading energy, chemicals and infrastructure solutions company"
Energy
Fuel Retailer
All Esso-branded Fuel Stations
across Singapore
Target Completion end 2025 subject to regulatory approval
Condensate Splitter Unit (CSU)
Capacity: 70 KBD
Product capacity: 2.5 MTPA
Being Rejuvenated COD 2026
Bukom Refinery
Capacity: 237 KBD
Product capacity: 8.5 MTPA1
Chemicals
Chlor-Alkali (CA) & Ethylene
Dichloride (EDC) Unit
Capacity: 0.9 MTPA
Under Construction COD 2027
Downstream Chemical Complex2
Capacity: 4.7 MTPA
Ethylene Cracking Complex
(incl. Cilegon)
Cracker Capacity: 2 MTPA Other Products: 2.5 MTPA
Infrastructure
Logistics
11 gas and chemical vessels
including 2 under construction
15 subsea pipelines with 7 pipelines
to external terminals
~200 trucks portfolio
Port & Storage
~ 5 Mn m3 tank storage 16 jetties in total,
13 wharves and 1 single-buoy
mooring
Water
4,874 litres per second water
treatment plants
2,800 litres per second river water source
5.4 Mn m3 reservoir 10 special water treatment facilities
Power
~500 MW combined cycle power
plant portfolio
~20 MWp Solar in Indonesia + Singapore
Mission: Creating value and fostering partnerships for a sustainable future
Million tonnes per annum
Plants: Mono-ethylene Glycol (MEG), Styrene Monomer & Propylene Oxide Derivatives, Olefins, Polyolefins, Styrene Monomer, Butadiene, MTBE & Butene-1 4
Chandra Asri Group's 9M2025 Achievement Highlights
One Group. Diverse Strengths. Exponential Growth.
1 Energy 2 Chemicals 3
Record Financial Strength
Record net profit of USD 1.7 billion and solid liquidity of USD 3.7 billion drive interim dividend declaration, and secured USD 1 billion in financing
Singapore Retail Entry: Esso SPA Signed
Entered into a Sale and Purchase Agreement with ExxonMobil to acquire all Esso-branded retail fuel sites in Singapore
Advancing CA-EDC Development
33% construction progress with 900 KTA capacity and creating 3,250 jobs, advancing Indonesia's chemical self-sufficiency and downstreaming agenda
Infrastructure 4 5
Expanding Infrastructure Platform Strengthening Sustainability Leadership
Delivering strong growth through fleet expansion, logistics integration, and renewable projects, signed USD 125 million infrastructure upgrade, and partnered with Sembcorp for a 16 MWp solar development
From fuel innovation and carbon efficiency to engineering bursaries, the Group advances its sustainability and community impact across the region
1. Financial Performance: Revenue & Profitability Overview
In USD million
Exponential Revenue Growth
Net Revenue
+314%
5,102
2,309
1,232
1,158
74
9M2024
2,694
99
9M2025
Refinery
Chemicals
Infrastructure
Transformative Profitability
Net Profit (Loss) after Tax
2,953%
1,654
-58
9M2024
9M2025
Announcing
USD
20 million interim dividend following strong profitability and growth momentum
1. Balance Sheet Overview
7
In USD million
9M2025
FY2024
2,107
3,717
Liquidity Pool
+76%
Total Assets
+94%
10,972
5,664
FY2024
9M2025
Retained Earnings
+181%
1,967
699
FY2024
9M2025
Shareholder's Equity
+69%
4,973
2,937
FY2024
9M2025
Strengthening Financial Resilience through Aster's USD 1 Billion
Sustainability-Linked Loan
A landmark financing that boosts Chandra Asri Group's financial strength and accelerates its journey toward sustainable, long-term growth.
Aster's general corporate purposes
including rejuvenation projects for its assets on Pulau Bukom and Jurong Island
Participating banks
11
1 USD billion Sustainability-linked Loan
Arranged and Underwritten by:
Participating banks:
Acquisition of ExxonMobil's Singapore Retail Sites
In October 2025, Chandra Asri Group has officially entered into a Sale and Purchase Agreement with ExxonMobil to acquire all of its Singapore retail fuel networks under the Esso brand.
2. #1 Fuel Retailer in Singapore by Sites and Volumes
An integrated retail station platform that extends beyond fuel, enhancing customer experience and driving growth through convenience stores and other ancillary services
Fuel Ancillary
Car Wash
Delivery
Lockers
ATMs
Loyalty
Schemes
Future Potential Charging station
In the future, selected sites are positioned to host EV charging infrastructure, positioning the network to support Singapore's low-carbon mobility transition and capture emerging opportunities in the electric vehicle ecosystem.
Convenience Stores
Strong existing offering from in-store sales, partnering with a leading convenience store brand in Singapore to enhance customer experience and drive non-fuel revenue growth across the network.
Fuel Products
Main Fuel business powered by Synergy Fuel Technology, a brand of technology formulated by ExxonMobil as their flagship
Key Statistics
#1 #1 ~60 2.4+350K+
By sites ~32% market share
By fuel volumes ~33% market shares
retail sites, including almost
half on freehold land
Mmbl annual fuel throughput
Loyalty program members
Strengthening Chandra Asri Group's Position Across
the Energy Value Chain
11
Strategic Rationale
1
Strategic Entry into Downstream Retail
Strengthens the Group's presence in Singapore's fuel retail market, leveraging Aster's downstream expertise and potential integration with its refinery network.
2
Stable Cash Flow Platform
Adds steady, recurring earnings from Singapore's high-margin retail market to
balance the Group's cyclical business.
3
Strong Brand and Market Leadership
Includes long-term Esso license, a trusted brand with ~33% market share by volume in Singapore, providing scale and customer loyalty.
4
Platform for Growth and Synergies
Creates a solid base for operational synergies for future inorganic growth and
operational synergies across downstream and retail segments.
5
Valuable Freehold Real Estate
Includes almost half of portfolio on freehold sites, a rare bespoke opportunity in
Singapore offering long-term strategic value and future redevelopment potential.
2. A Regional Platform for Growth and Energy Transition
With ExxonMobil's retail network, Chandra Asri Group strengthens its Singapore-
Indonesia presence as the Group prepares for future expansions
3
Financial Repatriation and Value
Creation for Indonesia
Generate sustainable foreign income streams that contribute to Indonesia's balance of payments
Asset Overview
SINGAPORE
CILEGON
Leasehold (32)
Freehold (27) Singapore Cilegon, Indonesia
Way Forward
1
Regional Expansion of Indonesia's
Footprint in Southeast Asia
Leverage as a platform for further expansion into neighboring markets, showcasing Indonesia's growing corporate strength
2
Technical Knowledge and Expertise
Transfer to Indonesia
Harness the operational, retail, and digital expertise as a platform for knowledge sharing, to build stronger downstream capabilities in Indonesia
CA-EDC Project : Strengthening Indonesia's
Integrated Chemical Value Chain
33%
Construction
progress
Creates 3,250
New Jobs
~IDR 10 Trillion/year
Economic Impact
Driven by Import Reduction and Export Growth
Chandra Asri Group's Chlor Alkali and Ethylene Dichloride (CA-EDC) Plant in Cilegon has reached 33% construction progress, reflecting steady advancement toward operational readiness.
The project strengthens the Group's integrated chemical portfolio, supporting key downstream industries and reducing import reliance. Once completed, it will enhance supply security for domestic manufacturing and contribute to Indonesia's long-term industrial growth and competitiveness.
Caustic Soda Plant
400 KTA
100%
Domestic
Soap & detergent, alumina, nickel
(HPAL process)
Alumina and water treatment industry
EDC Plant
500 KTA
100%
Export
VCM-PVC plant (end use
application incl. construction & packaging industry)
Continuing Infrastructure Pillar's Strong Momentum Beyond the IPO
Our infrastructure arm-CDI-maintains growth trajectory through ongoing project delivery and portfolio expansion
Constructing 2 Additional Vessels for Regional Growth
20 New Trucks Strengthen Logistics Fleet
Increased Ownership in Maritime Logistics Subsidiaries CSI and MIM
Driving the Energy Transition with total 11 MWp of Solar Power
PT Chandra Daya Investasi Tbk (CDI) adds two 9,000 DWT vessels under construction in Japan, enhancing logistics efficiency and regional connectivity.
CDI expands its land logistics operations with the addition of 20 trucks, enhancing its capability to handle general cargo and improve service reliability across Indonesia.
CDI increased shareholding of CSI and MIM through an IDR 2.7 trillion worth transaction, CDI now holds 99.99% ownership in both companies, strengthening integration and control across its shipping operations.
CDI adds 4.7 MWp in Cilegon, increasing total solar capacity to 11 MWp and reducing carbon emissions by almost 10,000 tons annually-equal to over 469,000 trees.
4. Advancing Infrastructure Resilience and Sustainability
Strengthening efficiency, reliability and accelerating decarbonisation through key infrastructure upgrades
Single Buoy Mooring
USD 125 million
contract signed with Allseas and DOF to rejuvenate the Single Buoy Mooring and subsea pipeline system on Bukom, improving logistics efficiency and reliability. The upgrade strengthens operational resilience.
Sembcorp Solar Partnership
16 MWp solar project
signed with Sembcorp Solar Singapore to deploy new solar capacity across Bukom and Jurong Island by end 2026, supporting our decarbonisation goals.
Shaping a Sustainable Future
Aster Awards Engineering Bursaries to Three Singapore Universities
Aster launched an SGD
1.5 million bursary
program to support engineering students in Singapore, reinforcing the Group's sustainability commitment to developing future talent and advancing sustainability in Southeast Asia.
Chandra Asri Group wins 2025 Green Industry Award
Chandra Asri Group achieved top ranking at the 2025 Green Industry Awards for its 14.2% carbon reduction since 2018, underscoring its strong commitment to decarbonisation and sustainable growth.
Aster signs MoU with Xora-backed Aether Fuels
Aster signed MoU with Aether Fuels to advance next-generation sustainable fuel technologies, reinforcing Chandra Asri Group's sustainability innovation agenda.
Recognition that reflects Chandra Asri Group's unwavering pursuit of sustainability excellence
Empowering a Greener Indonesia: One Kilometer, One Mangrove
Chandra Asri Group will plant 516 mangrove trees in Banten as part of its sustainability commitment at the Jakarta Running Festival 2025.
Next Steps
Complete Esso Singapore fuel station transaction and develop future integration and synergy within the group
Path for Future GrowthAdvance Chandra Asri Group's infrastructure agenda: expanding logistics and renewable capacity while strengthening integration across infrastructure assets
Keep CA-EDC on construction on track for start-up in early 2027 - a
USD 1 billion milestone in Indonesia's chemical integration
Advance decarbonisation and community initiatives to reinforce Group's
sustainability leadership
Pursue strategic partnerships and value-accretive investments to strengthen regional growth and competitiveness
Q&A"One Group. Diverse Strengths. Exponential Growth."
9M2025 Earnings Call, 05 November 2025
Chandra Asri
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PT Chandra Asri Pacific Tbk published this content on November 05, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 05, 2025 at 10:17 UTC.
