Top 30 Indonesian Beverages Public Companies Q3 2025 Revenue & Performance

1) Overall companies performance (Q3 2025 snapshot)
PT Multi Bintang Indonesia Tbk (MLBI) Beer & alcoholic beverages
PT Delta Djakarta Tbk (DLTA) Beer brands like Anker & Carlsberg
PT Sariguna Primatirta Tbk (CLEO) Non-alcoholic beverages
PT Akasha Wira International Tbk (ADES) Beverage producer including water & drinks
PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) Milk products, juices & drinks
PT Mayora Indah Tbk (MYOR) Coffee, tea, instant beverages (listed)
PT Indofood CBP Sukses Makmur Tbk (ICBP) Beverage segment via noodles & drinks mix
PT Indofood Sukses Makmur Tbk (INDF) Parent with beverage exposure via affiliates
PT Garudafood Putra Putri Jaya Tbk (GOOD) Beverage & snacks
PT Sari Enesis Tbk (ENESIS) Beverage manufacturer
PT Buyung Poetra Sembada Tbk (HOKI) Drink & beverage product segments
PT Prima Cakrawala Abadi Tbk (PCAR) Beverage & related distribution
PT Prasidha Aneka Niaga Tbk (PSDN) Beverage distribution business
PT Akasha Wira International Tbk (ADES) Beverage and other consumer lines
PT Akasha Wira International Tbk Also on multiple food/beverage lists
PT Tiga Pilar Sejahtera Food Tbk (AISA) Food & beverage products
PT Tri Banyan Tirta Tbk (ALTO) Beverage & beverage inputs
PT Budi Starch & Sweetener Tbk (BUDI) Sweetener inputs for beverages
PT Campina Ice Cream Industry Tbk (CAMP) Frozen desserts & drinks
PT Wilmar Cahaya Indonesia Tbk (CEKA) Beverage ingredient supply
PT Diamond Food Indonesia Tbk (DMND) Beverage related segments
PT Sentra Food Indonesia Tbk (FOOD) Drink products among others
PT Nippon Indosari Corpindo Tbk (ROTI) Some beverage component operations
PT Tunas Baru Lampung Tbk (TBLA) Beverage raw material exposure
PT Buyung Poetra Sembada Tbk (HOKI) Additional beverage lines.
PT Kalbe Farma Tbk (KLBF) Energy/functional drinks via healthcare & nutrition portfolios.
PT Coca-Cola Pan Java Bottling Co. Beverage bottling.
PT Aqua Golden Mississippi Tbk Mineral water & drinks.
PT Sinar Sosro Tea beverages.
PT Yakult Indonesia Persada Fermented beverages.
2) Revenue results of major public companies in Indonesia summarized (per company)
Multi Bintang Indonesia Tbk (MLBI) - Net profit (through 9M25): ~Rp724.19 billion (~USD 43.5M). Profit margin was pressured by higher operating and general & administrative costs. Net sales were modestly up, but profitability compressed compared with prior years.
Delta Djakarta Tbk (DLTA) - Net profit ~Rp101.23 billion (~USD 6.1M). Revenue grew slightly, but margin pressures from expenses persisted.
Unilever Indonesia Tbk (UNVR) - Net sales ~IDR 9.4T, Net profit ~IDR 1.2T (~USD 71M). YoY and QoQ profit increases with improved margins and consumer demand.
PT Indofood CBP Sukses Makmur Tbk (ICBP) - 9M25 Net income Rp11.37T (~USD 683M) with beverage contribution part of overall processed food portfolio. Gross profit and operating income improved, though net was slightly lower than prior year.
Mayora Indah Tbk (MYOR) - generates multitrillion-rupiah revenue from coffee/RTD/packaged drinks.
PT Kino Indonesia Tbk (KINO) - Produces beverages among other CPG segments.
Kalbe Farma Tbk (KLBF) - Significant nutrition and energy drink portfolio.
Ultra Prima Abadi Group - Involved in dairy/RTD.
Sari Enesis Tbk - Local beverage producer.
GarudaFood Putra Putri Jaya Tbk - Diversified food/beverage entity.
3) Key trends & insights from Q3 2025
1. Profitability Squeeze in Brewer Segment
Breweries like Multi Bintang and Delta Djakarta saw profits flat to mildly lower due to higher costs and subdued consumer upswing in premium alcoholic segments.
2. Resilience Among Consumer Staples
Consumer staples companies with beverage lines (e.g., UNVR, ICBP) showed top-line growth and margin improvement, underpinned by diversified product mixes and stronger brand equity.
3. Diversification Helps Offset Volatility
Companies with a broad F&B portfolio tend to deliver more stable earnings, as beverages represent just one part of extensive FMCG offerings (e.g., Mayora, Kino).
4. Disclosure Variability Across Companies
Many mid-tier beverage players do not yet publicize detailed Q3 2025 segment results, making comprehensive sector analysis partly reliant on 9M disclosures and investor reports.
4) Outlook for Q4 2025 and beyond
Consumer Demand Remains Central
Indonesian consumer sentiment and demand elasticity for beverage products will shape growth heading into Q4 2025 with RTD beverages and healthier options expected to outperform traditional alcohol segments.
Cost & Input Price Dynamics
Raw material and logistics cost pressures continue companies with better supply chain hedging likely to protect margins.
Innovation & Premiumization
Innovation (new flavors, functional beverages) may drive premium segment growth, especially in non-alcoholic categories.
Macroeconomic Context
Slower GDP growth compared with forecasts could temper discretionary beverage spending, but staple and functional drinks segments may remain resilient.
5) Conclusion
The Indonesian beverages sector in Q3 2025 shows a divided yet dynamic picture:
Traditional breweries faced margin compression, while consumer staples companies with beverage portfolios delivered more stable results.
Some key players (e.g., Mayora, Kino) are significant industry contributors but lack fully released Q3 figures as of early 2026.
Future growth hinges on adapting to shifting consumer preferences, cost pressures, and broader economic conditions.

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.