Impack Raises 2026 Profit Guidance After Strong First Half

PT Impack Pratama Industri Tbk. (“the Company”) delivered a strong financial performance in the first half of 2026, posting a 51.0% year-on-year (YoY) increase in net income to IDR447 billion, compared with IDR296 billion in the same period last year. The earnings growth was driven by robust revenue expansion, improved profitability, and continued operational efficiency.

The Company’s net revenues reached IDR2.5 trillion in the first half of 2026, representing a 29.7% YoY increase from IDR1.9 trillion a year earlier. Growth was primarily supported by resilient domestic demand and accelerated further in the second quarter, with 2Q2026 net revenues rising 33.9% YoY to IDR1.3 trillion, compared with IDR963 billion in the second quarter of 2025.

Profitability improved across all key financial indicators. Gross profit increased 36.5% YoY to IDR1.0 trillion, while the gross profit margin expanded to 40.7%, from 38.6% in the corresponding period last year. Operating profit also rose 43.1% YoY to IDR551 billion, reflecting continued improvements in operational efficiency and disciplined cost management.

Net income continued to outpace revenue growth. In addition to the 51.0% YoY increase in first-half earnings, second-quarter net income surged 70.3% YoY to IDR244 billion, up from IDR143 billion in the same quarter last year. The net profit margin also improved to 18.1%, compared with 15.6% a year earlier.

The Company reported EBITDA of IDR654 billion during the first six months of 2026, an increase of 38.2% YoY from IDR473 billion. Its balance sheet also strengthened, with the debt-to-EBITDA ratio improving to 0.5x, down from 1.2xin the first half of 2025. Meanwhile, the EBITDA-to-interest coverage ratio rose significantly to 28.6x, compared with 10.5x in the same period last year.

Commenting on the Company’s performance, President Director Haryanto Tjiptodihardjo said Impack remains vigilant amid ongoing geopolitical tensions and supply chain uncertainties.

“The recent escalation in geopolitical tensions underscores that uncertainty remains one of the factors we need to closely monitor. These conditions continue to affect the smoothness of raw material supply and the normalization of raw material prices,” said Haryanto.

He added that the Company would continue to focus on operational discipline while remaining agile in responding to external developments.

“As we enter the second half of the year, we remain focused on maintaining operational continuity and executing our strategy with discipline, while continuing to monitor external developments and adjust our approach in response to evolving market dynamics,” he said.

Supported by its strong first-half performance, Impack maintained its 2026 revenue target of IDR5.1 trillion. At the same time, the Company raised its full-year net income guidance to above IDR800 billion, citing stronger-than-expected profitability during the first six months of the year while remaining mindful of potential uncertainties in the second half.