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PT Wilmar Cahaya Indonesia Tbk (CEKA) has delivered a robust financial performance for the first nine months of 2026, reporting a 52.26% surge in net profit attributable to the parent entity. The company's net profit climbed to IDR 243.70 billion, up significantly from the IDR 160.05 billion recorded during the same period in the previous year.
According to financial statements released on Tuesday, October 27, this profitability surge was underpinned by a 19.13% increase in total revenue, which reached IDR 8.34 trillion for the period from January to September 2026, compared to IDR 7 trillion in 2025. Domestic sales remained the company's primary revenue driver, contributing IDR 8.11 trillion to the total, up from IDR 6.86 trillion in the previous year.
By product category, crude palm oil (CPO) and its derivatives were major contributors to the domestic performance, generating IDR 3.82 trillion in revenue compared to IDR 3.46 trillion a year earlier. Palm kernel products and their derivatives also saw a sharp rise to IDR 3.17 trillion, while flour product sales grew to IDR 1.02 trillion. Conversely, the miscellaneous product segment experienced a decline, falling to IDR 109.77 billion from IDR 361.02 billion.
In the international market, export sales grew to IDR 232.95 billion, largely driven by the palm kernel segment. The company also highlighted the importance of related-party transactions, with sales to PT Wilmar Nabati Indonesia accounting for approximately 45% of total revenue at IDR 3.72 trillion, and sales to PT Sari Agrotama Persada contributing IDR 1.21 trillion, representing about 14% of the total.
Reflecting the increased scale of operations, the cost of goods sold rose to IDR 7.89 trillion. On the balance sheet, CEKA's total assets as of September 30, 2026, stood at IDR 3.04 trillion, up from IDR 2.49 trillion at the end of 2025. Total liabilities also increased during the period, reaching IDR 877.14 billion.
Market reaction to the news was positive, with CEKA shares rising 3.27% to IDR 2,210 during Tuesday's trading session. Despite the daily gain, the stock has faced headwinds earlier in the year, declining 8.30% on a year-to-date basis as of late October.
Source: IDNFinancials