Petrindo Jaya Kreasi stock falls 6.55 percent on October 8

Petrindo Jaya Kreasi stock (ISIN ID1000187206) was trading at IDR 785 on the IDX on October 8, 2026 at 2:44 p.m. WIB, down 6.55 percent from IDR 840. The company combines coal and mineral mining with mining services through subsidiaries including Petrosea.

First-half revenue rose 59.28 percent

In the first half of 2026, Petrindo Jaya Kreasi generated revenue of USD 736.1 million, up 59.28 percent from USD 462.12 million in the first half of 2025, according to Pluang on September 24, 2026. Reported net income rose to USD 19.78 million from USD 1.94 million, a 919.58 percent increase.

Gross profit increased to USD 101.63 million from USD 47.93 million, while operating profit reached USD 68.49 million compared with USD 41.08 million a year earlier, Pluang reported. Net income represented 2.69 percent of first-half revenue, keeping the earnings improvement tied to a relatively small profit base.

Petrosea remains a major contributor

Petrosea accounted for USD 543.98 million of first-half revenue, or 73.9 percent of the consolidated total, according to Pluang. That concentration makes mining-services activity and Petrosea contracts important variables for the group alongside coal and mineral prices.

The company had 112,418,900,000 listed shares as of September 24, 2026, and its controlling shareholder held 80.42 percent on August 11, 2026, according to Pluang. Its operating portfolio includes thermal and metallurgical coal, gold exploration, engineering and construction, and energy infrastructure.

Market value stands at IDR 88.2 trillion

Petrindo Jaya Kreasi had a market capitalization of IDR 88.2 trillion on October 8, 2026. The share price was 72.8 percent below its 52-week high of IDR 2,890 and 69.2 percent above its 52-week low of IDR 464.

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