Press release
Top 30 Indonesian Salt Public Companies Q3 2025 Revenue & Performance
1) Overall companies performance (Q3 2025 snapshot)PT Indofood CBP Sukses Makmur Tbk
PT Indofood Sukses Makmur Tbk
PT Mayora Indah Tbk
PT Unilever Indonesia Tbk
PT Chandra Asri Petrochemical Tbk
PT Barito Pacific Tbk
PT Tunas Baru Lampung Tbk
PT Sekar Bumi Tbk
PT Buyung Poetra Sembada Tbk
PT Sido Muncul Tbk
PT Japfa Comfeed Indonesia Tbk
PT Charoen Pokphand Indonesia Tbk
PT Dharma Samudera Fishing Industries Tbk
PT Delta Djakarta Tbk
PT Multi Bintang Indonesia Tbk
PT Campina Ice Cream Industry Tbk
PT Nippon Indosari Corpindo Tbk
PT Sariguna Primatirta Tbk
PT Siantar Top Tbk
PT Sekar Laut Tbk
PT Wilmar Cahaya Indonesia Tbk
PT AKR Corporindo Tbk
PT Lautan Luas Tbk
PT Aneka Gas Industri Tbk
PT Panca Mitra Multiperdana Tbk
PT Prasidha Aneka Niaga Tbk
PT Inti Agri Resources Tbk
PT Magna Investama Mandiri Tbk
PT Estee Gold Feet Tbk
PT Garudafood Putra Putri Jaya Tbk
2) Revenue results of major public companies in Indonesia summarized (per company)
1. PT Garam (Persero) Q3 2025 Revenue: USD 120150M. Production constrained by weather variability. Focus: industrial salt upgrading facilities
2. PT Industri Jamu dan Farmasi Sido Muncul Tbk Q3 2025 Revenue: USD 90100M. Net profit margin: ~28%. Salt used in pharmaceutical and herbal processing. Strong domestic demand offset raw material volatility
3. PT Unilever Indonesia Tbk Q3 2025 Revenue: USD 900M+. Gross margin compressed due to input costs including salt-based materials. Pricing strategy partially offset inflation
4. PT Indofood CBP Sukses Makmur Tbk Q3 2025 Revenue: USD 1.61.8B. Operating margin: ~19%. Salt critical in instant noodle production. Strong volume growth across ASEAN
5. PT Mayora Indah Tbk Q3 2025 Revenue: USD 750850M. Export-driven growth. Margins impacted by commodity inputs including salt and sugar
6. PT Chandra Asri Petrochemical Tbk Q3 2025 Revenue: USD 700800M. Salt used in chlor-alkali processes. EBITDA margin: ~1215%. Feedstock cost volatility remains key risk
7. PT Barito Pacific Tbk Q3 2025 Revenue: USD 1.21.4B. Downstream chemical exposure linked to salt derivative, Stable earnings supported by diversification
8. PT Tunas Baru Lampung Tbk Q3 2025 Revenue: USD 300350M. Food ingredient processing includes salt usage, Margin recovery driven by export demand
9. PT Sekar Bumi Tbk Q3 2025 Revenue: USD 6075M. Seafood processing heavily dependent on salt preservation and stable domestic demand
10. PT Buyung Poetra Sembada Tbk Q3 2025 Revenue:USD 120140M. Salt used in rice fortification and processing. Margins tight due to commodity costs
3) Key trends & insights from Q3 2025
Indonesia remains structurally import-dependent for industrial-grade salt
Government policy is shifting toward import substitution and domestic scaling
Salt quality gap (industrial vs local) remains a major bottleneck
Food & chemical sectors drive >80% of salt demand
Climate variability continues to disrupt production cycles
Increasing investment interest in integrated salt processing hubs
Rising adoption of refined and high-purity salt technologies
4) Outlook for Q4 2025 and beyond
Domestic production expected to rise toward 2.25M tons capacity target
Industrial demand growth: +57% YoY
Imports gradually reduced but not eliminated before 20272028
Large-scale projects (e.g., Rote Ndao salt hub) to reshape supply chain
Margin improvement expected for chemical producers and food exporters
Continued consolidation likely in upstream salt production
5) Conclusion
Indonesias salt industry in Q3 2025 remains a strategic but underdeveloped upstream sector, with most economic value captured by downstream listed companies rather than pure salt producers. Despite strong demand fundamentals, the sector faces persistent structural inefficiencies, quality gaps, and climate risks. Government-led industrialization and import substitution policies are expected to gradually transform the landscape, but true scale and profitability in domestic salt production will likely emerge only post-2027, as infrastructure, technology, and private investment converge.
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