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Top 30 Fishing Indonesian Public Companies Q3 2025 Revenue & Performance

12-23-2025 03:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research

1) Overall companies performance (Q3 2025 snapshot)
PT Dharma Samudera Fishing Industries Tbk (DSFI) capture fisheries & seafood processing.
PT Central Proteinaprima Tbk (CPRO) shrimp/aquaculture feed & processing.
PT Era Mandiri Cemerlang Tbk (IKAN) seafood products trade & export.
PT Cilacap Samudera Fishing Industry Tbk (ASHA) integrated fishing & cold storage.
PT Indo American Seafoods Tbk (ISEA) shrimp & seafood post-IPO.
PT Asia Sejahtera Mina Tbk (AGAR) fish & marine products.
PT Toba Surimi Industries Tbk (CRAB) surimi (fish paste) production.
PT Dua Putra Utama Makmur Tbk (DPUM) fish processing & cold chain.
PT Moreno Abadi Perkasa Tbk (ENZO) seafood & marine products.
PT Agro Bahari Nusantara Tbk (UDNG) fisheries & related products.
PT Esta Indonesia Tbk (NEST) animal agriculture including fish feed segments.
PT Sreeya Sewu Indonesia Tbk (SIPD) protein processing (fish/animal).
PT Janu Putra Sejahtera Tbk (AYAM) primary food products including aquatic processing.
PT Japfa Comfeed Indonesia Tbk (JPFA) aquaculture feed & integrated farming (fish segment).
PT Malindo Feedmill Tbk (MAIN) aquaculture & animal feed.
PT Perikanan Indonesia Tbk national integrated fisheries group.
PT Panca Mitra Multiperdana Tbk (PMMP) shrimp processing & exports.
PT Pusaka Benjina Resources tuna exporter.
PT Jaya Samudera Sejahtera tuna & skipjack exports.
PT Indonesia Success Fishery integrated fisheries specialist.
PT Prima Cakrawala Abadi Tbk frozen crab & seafood product maker.
PT Alam Jaya Fishing seafood supplier & exporter.
PT Lautan Bahari Sejahtera fish export operations.
PT Benua Agri Sejahtera seafood supply chain.
PT Indomaguro Tunas Unggul tuna fishing & processing.
PT Intimas Surya seafood product supplier.
PT Karya Mandiri Citramina marine products exporter.
PT Kelola Biru Harmoni fishing & cold storage services.
PT Lucky Samudra Pratama industrial fishing operations.
PT Pahala Samudera Fishery Industries integrated fishing & export firm.
2) Earnings Call Results of Top 10 Indonesian Public Fishing Companies
PT Dharma Samudera Fishing Industries Tbk (DSFI) reported Q3 2025 revenue of approximately USD 32.4 million, with net profit of around USD 1.6 million. Management highlighted stronger export demand for tuna and pelagic fish to Japan and the EU, while margins were pressured by higher fuel and cold-storage costs. EBITDA margin remained in the mid-single-digit range.
PT Era Mandiri Cemerlang Tbk (IKAN) posted Q3 2025 revenue of about USD 18.9 million, recording a net profit close to USD 0.9 million. The earnings call emphasized volume growth in frozen fish exports and improved utilization of processing facilities, offset by higher logistics and packaging expenses.
PT Cilacap Samudera Fishing Industry Tbk (ASHA) generated Q3 2025 revenue of roughly USD 14.2 million, with net income of approximately USD 0.6 million. Management cited stable domestic demand and gradual recovery in export orders, while capital expenditure remained focused on cold-chain efficiency.
PT Indo American Seafoods Tbk (ISEA) recorded Q3 2025 revenue of around USD 21.7 million, posting a net profit of about USD 1.3 million. The companys earnings call noted solid shrimp processing volumes and improved pricing in North American markets, contributing to better gross margins quarter-on-quarter.
PT Central Proteinaprima Tbk (CPRO) reported Q3 2025 revenue of approximately USD 128.5 million, with net profit of around USD 7.8 million. Aquaculture feed and shrimp farming remained the main growth drivers, supported by cost control on raw materials and stable export demand.
PT Japfa Comfeed Indonesia Tbk (JPFA) achieved Q3 2025 revenue of about USD 1.29 billion, generating net profit of roughly USD 64.2 million. While the company is diversified, management highlighted steady performance from aquaculture feed and fish-related operations, supported by improved selling prices and operational efficiencies.
PT Malindo Feedmill Tbk (MAIN) posted Q3 2025 revenue of approximately USD 302.6 million, with net profit near USD 12.1 million. The earnings call pointed to improved margins in aquaculture and animal feed segments, benefiting from lower input costs and better demand visibility.
PT Asia Sejahtera Mina Tbk (AGAR) recorded Q3 2025 revenue of around USD 9.4 million, reporting a modest net profit of about USD 0.3 million. Management focused on stabilizing cash flow and improving catch-to-processing efficiency amid volatile fish supply conditions.
PT Dua Putra Utama Makmur Tbk (DPUM) generated Q3 2025 revenue of roughly USD 26.1 million, with net income of approximately USD 1.1 million. The company cited stronger frozen seafood exports and better utilization of cold storage facilities as key earnings drivers.
PT Toba Surimi Industries Tbk (CRAB) reported Q3 2025 revenue of about USD 19.8 million, posting net profit close to USD 0.8 million. Management emphasized stable surimi demand from East Asian markets, while margin expansion was supported by efficiency gains in raw fish procurement.
3) Key Trends & Insights from Q3 2025 (Fishing Industry)
Despite limited consolidated financial data, the Indonesian fishing industrys Q3 2025 narrative is shaped by:
Export-Led Demand
Indonesian seafood remains in demand across Asia, North America & Europe. Major exporters specialize in tuna and pelagic fish, driving export volumes.
Sustainability & Regulatory Pressures
Sustainability certifications and improved fishing practices are increasingly central. The shift toward traceable, sustainable sourcing is reshaping supply chains.
Market & Policy Dynamics
Trade tariffs and evolving free trade agreements are redirecting export routes, impacting pricing and margins for processors and exporters.
4) Outlook for Q4 2025 and Beyond
Industry outlook includes:
Seasonal Harvest & Pricing
Q4 typically sees seasonal variations in catch volumes; combined with holiday demand in key export markets, many companies project stable volumes.
Technology & Aquaculture Growth
Digitalization (e.g., smart aquaculture tech) and expansion of processing capacity could boost operational efficiency and output if sustainably managed.
Environmental & Regulatory Challenges
Overfishing concerns and climate impacts (changing sea surface temperatures, weather events) may affect catch consistency and long-term asset values.
5) Conclusion
The Indonesian fishing industry holds significant economic importance due to export potential and domestic consumption. However, the public reporting of quarterly earnings especially for 30 discrete firms is currently incomplete in public sources.

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+62 896 3769 3166 (Whatsapp)
Email: willyanto@qyresearch.com; global@qyresearch.com
Website: www.qyresearch.com

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