Jakarta, ThedailyID — PT Chandra Daya Investasi Tbk (IDX: CDIA) posted strong financial results in the first quarter of 2026. The growth came from steady demand and ongoing infrastructure expansion. The company recorded revenue of $41.2 million, rising 19% year-on-year. Demand stayed solid across its core segments.
Meanwhile, Director Jonathan Kandinata said adjusted EBITDA reached $14.1 million. This marked a 125.4% jump compared to last year. He said the increase came from strategic initiatives and asset expansion in 2025. These included new logistics assets and added solar capacity.
In addition, CDI Group maintained high asset utilization and stable recurring revenue. Contributions from third-party clients also continued to grow.
At the same time, higher spot shipping rates supported performance. As a result, net profit after tax reached $9.5 million. The company also kept a strong financial position. Liquidity stood at $954.2 million, while the debt-to-capital ratio was 39%.
During the quarter, CDI Group added Boreas, a 9,000 DWT chemical tanker. The vessel was developed with Fukuoka Shipbuilding Co Ltd. It will serve both domestic and international routes. The ship is expected to begin operations this year.
Across its segments, CDI Group continues to execute its growth pipeline. The focus remains on recurring income and asset integration.
In energy, solar capacity reached 11 MWp. Another 5 MWp is still under development for 2026. Meanwhile, in the water segment, the company is adding capacity at WTP Krenceng. It is also building a wastewater facility in Cilegon.
Infrastructure projects in port and storage continue as planned. These include storage tanks and ethylene pipelines, along with a 12,000 cubic meter bitumen tank. In logistics, CDI Group is expanding its fleet toward 20 vessels by the end of 2026. The expansion covers gas, chemical, and dry bulk segments.
As of March 31, 2026, total assets reached $1.9 billion. This figure rose 9% year-to-date, while total equity stood at $1.14 billion.
Looking ahead, Jonathan said CDI Group enters the rest of 2026 with solid fundamentals. The company also has a strong pipeline and a growing customer base.
He added that the integrated model continues to generate scalable revenue. It also balances stability with growth opportunities.
