Top 30 Indonesian Garment Public Companies Q3 2025 Revenue & Performance

1) Overall companies performance (Q3 2025 snapshot)
Indonesias garment and textile industry remains an important manufacturing backbone, supplying both domestic demand and global export markets. The sector encompasses textile/fiber producers, garment makers, and finished apparel exporters. Government support for export competitiveness and capital investment continued through 2025, while global pressures (e.g., competition, tariffs) persisted.
PT Polychem Indonesia Tbk (ADMG)
PT Argo Pantes Tbk (ARGO)
PT Trisula Textile Industries Tbk (BELL)
PT Century Textile Industry Tbk (CNTB/CNTX)
PT Eratex Djaja Tbk (ERTX)
PT Ever Shine Tex Tbk (ESTI)
PT Panasia Indo Resources Tbk (HDTX)
PT Indo Rama Synthetics Tbk (INDR)
PT Asia Pacific Investama Tbk (MYTX)
PT Sejahtera Bintang Abadi Textil (SBAT)
PT Soraya Berjaya Indonesia Tbk (SPRE)
PT Sri Rejeki Isman Tbk (SRIL Sritex)
PT Tifico Fiber Indonesia Tbk (TFCO)
PT Nusantara Inti Corpora Tbk (UNIT)
PT Ricky Putra Globalindo Tbk (RICY)
PT Mega Perintis Tbk (ZONE)
PT Uni-Charm Indonesia Tbk (UCIT)*
PT Polu Golden Flower Tbk (POLU)
PT Multi Spunindo Jaya Tbk (MSJA)
PT Bersama Zatta Jaya Tbk (ZATA)
PT Indo-Kordsa Tbk (BRAM)*
PT Falmaco Nonwoven Industri Tbk (FLMC)
PT Hartadinata Abadi Tbk (HRTA)
PT Sunson Textile Manufacture Tbk (SSTM)
PT Samcro Hyosung Adilestari Tbk (ACRO)
PT Inocycle Technology Group Tbk (INOV)
PT Asia Pacific Fibers Tbk (POLY)
PT Unitex Tbk (UNTX)
PT Star Petrochem Tbk (STAR)
PT Uni-Charm Indonesia Tbk (UCIT)
2) Revenue results of major public companies in Indonesia summarized (per company)
1. PT Indo-Rama Synthetics Tbk (INDR) - 9M25 performance: ~USD 557.2 million in sales; net YTD loss narrowed vs 2024, reflecting resilience in polyester/textile demand.
2. PT Trisula Textile Industries Tbk (BELL) - 2025 outlook: Invested in capital expenditures and reported improved sales/loss control.
3. PT Argo Pantes Tbk (ARGO) - Mid-cap textile producer, industry context suggests stable operations with pressure from imported garments.
4. PT Pan Brothers Tbk (PBRX) - Q3 2025/TTM data: revenue around USD 319.9 million; posted a net loss ~USD 448 million in the trailing period. Historically export-oriented garment maker for global brands; current quarter signals margin compression amid global demand fluctuations.
5. PT Eratex Djaja Tbk (ERTX) - small profit margins historically. The companys business spans weaving to finished garments, serving local and export channels.
6. PT Ever Shine Tex Tbk (ESTI) - Smaller fabric manufacturer; typically reports annual/medium-term results. Performance appears modest with limited quarterly disclosure.
7. PT Century Textile Industry Tbk (CNTB/CNTX) - Long-established textile producer, generally cyclical with domestic demand and export mix.
8. PT Sunson Textile Manufacture Tbk (SSTM) - Focused on spinning/weaving. Sector demand enhanced export orders in 2025.
9. PT Sejahtera Bintang Abadi Textil (SBAT) - Listed textile segment participant.
10. PT Soraya Berjaya Indonesia Tbk (SPRE) - Smaller textile affiliate; publishes less frequent earnings but remains active in fabric segment.
3) Key trends & insights from Q3 2025
Export-Driven Manufacturing: Indonesia sustained strong textile/garment export flows, driven by global brands outsourcing manufacturing capacity. Robust factory workforce trends reflect this competitive positioning vs peers like Vietnam/China.
Cost & Margin Pressures: Several companies (e.g., Pan Brothers) reported compressed margins and significant losses due to imported apparel competition and tight global pricing, requiring efficiency improvements and diversification.
Investment in Technology & CAPEX: Firms like Trisula and Indo-Rama are directing capex toward innovation, automation, and new product lines to increase competitiveness amid global supply pressures.
Diversification Across Value Chain: Larger textile players maintain integrated upstream-downstream business models (fiber → yarn → cloth → garment), helping offset cyclical softness in any one segment.
4) Outlook for Q4 2025 and beyond
Seasonal & Holiday Demand: Q4 typically benefits from holiday and year-end orders, especially for export contracts. This could support higher shipment volumes, even if pricing remains competitive.
Global Trade Agreements: Look for improved access to markets via trade pacts aimed at easing tariffs and logistics costs.
Digital & ESG Initiatives: Increasing adoption of digital fabrication and sustainability certifications should enhance export viability and allow premium segment penetration.
Competitive Landscape: Indonesian garment makers face ongoing pressure from Bangladesh, Vietnam, and Cambodia but maintain strengths in quality, speed, and compliance.
5) Conclusion
Indonesias garment & textile public companies showed mixed Q3 2025 performance:
A handful delivered solid sales growth or narrowed losses, signaling resilience.
Others faced margin compression and restructuring needs amid competitive global markets.
The industry remains strategically important for Indonesias manufacturing exports and employment.
Overall, while quarterly earnings were uneven, structural trends including investment, export diversification, and supply-chain integration position the sector for gradual recovery into Q4 2025 and early 2026.

Contact Information:
Tel: +1 626 2952 442 (US) ; +86-1082945717 (China)
+62 896 3769 3166 (Whatsapp)
Email: willyanto@qyresearch.com; global@qyresearch.com
Website: www.qyresearch.com

About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.

This release was published on openPR.