Chandra Asri stock: Chandra Asri profit falls 77.50 percent. Chandra Asri stock falls 6.64 percent
Published on 10/19/2026 at 16:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBusiness scale and valuation
- Net profit fell 77.50 percent to USD 371.20 million in the first half of 2026.
- Chandra Asri had a market capitalization of IDR 97.3 trillion on October 19, 2026.
- Chandra Asri stock stood at IDR 1,125.00 on October 19, 2026, down 6.64 percent versus the prior close.
- The planned Cycle & Carriage transaction is targeted to close on February 28, 2027.
Chandra Asri's net profit fell 77.50 percent to USD 371.20 million in the first half of 2026, largely because a bargain purchase gain in the prior year created a high base, as The Business Times reported on September 24, 2026. PT Chandra Asri Pacific stock stood at IDR 1,125.00 on October 19, 2026 at 4:14 p.m. WIB, down 6.64 percent versus the prior close of IDR 1,205.00.
Profit resets the baseline
The first-half result gives investors a more demanding comparison point for the group's expansion. Chandra Asri operates across chemicals, energy and infrastructure, with its Indonesian petrochemical base complemented by assets in Singapore.
The company also held liquidity of USD 3.90 billion at the end of the first half of 2026 and identified more than USD 1 billion of strategic investments over the following five years, according to The Business Times.
Trading position and valuation
The October 19 price gives Chandra Asri a market capitalization of IDR 97.3 trillion and a price-to-earnings ratio of 47.77. The stock's daily decline was larger than Indorama Ventures' 1.80 percent fall but smaller in absolute terms than the move in the broader Indonesian market reported in the same session.
Chandra Asri is also pursuing a broader regional strategy. Its proposed acquisition of Cycle & Carriage's businesses in Singapore and Malaysia is targeted to close on February 28, 2027, according to The Business Times. That timetable places execution alongside the need to rebuild earnings after the first-half comparison.
Comparison with peers
Chandra Asri (IDX, IDR): minus 6.64 percent, P/E 47.77, market capitalization IDR 97.3 trillion
Indorama Ventures (SET, THB): minus 1.80 percent, P/E minus 46.19, market capitalization THB 153.0 billion
Lotte Chemical (KOSPI, KRW): plus 4.21 percent, P/E minus 2.05, market capitalization KRW 2.4 trillion
What the next marker is
The planned February 28, 2027 transaction date is the next clearly dated corporate marker in the available company calendar. For the stock, the combination of a 77.50 percent first-half profit decline and a 47.77 price-to-earnings ratio keeps operating execution central to the market picture.
Chandra Asri stock stood at IDR 1,125.00 on October 19, 2026 at 4:14 p.m. WIB, down 6.64 percent versus the prior close of IDR 1,205.00.
Chandra Asri stock facts
- Company: PT Chandra Asri Pacific Tbk
- ISIN: ID1000090301
- Ticker: TPIA
- Primary exchange: IDX
- Price on IDX (as of October 19, 2026, 4:14 p.m. WIB): IDR 1,125.00
- Change versus prior close: minus 6.64 percent
- Market capitalization: IDR 97.3 trillion (as of October 19, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
Market context: Market report IDX Composite.
