Source file signed link, expires in 15 minutes
Extracted text 25
Page 1
Public Expose Presentation PT Alkindo Naratama Tbk June 24, 2026
Page 2
Disclaimer The information contained in this presentation material has been taken from sources which we deem reliable. However, none of PT Alkindo Naratama Tbk and/or its affiliated companies and/or their respective employees makes any representation or warranty (express or implied) or accepts any responsibility or liability as to, or in relation to, the accuracy or completeness of the information and opinions contained in this report or as to any information contained in this report or any other such information or opinions remaining unchanged after the issue thereof. We expressly disclaim any responsibility or liability (express or implied) of PT Alkindo Naratama Tbk, its affiliated companies and their respective employees whatsoever and howsoever arising (without limitation for any claims, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a results of acting in reliance upon the whole or any part of the contents of this presentation material and neither PT Alkindo Naratama Tbk, its affiliated companies or their respective employees accepts liability for any errors, omissions or misstatements, negligent or otherwise, in the presentation material and any liability in respect of the report or any inaccuracy therein or omission there from which might otherwise arise is hereby expresses disclaimed. The information contained in this presentation material is not be taken as any recommendation made by PT Alkindo Naratama Tbk or any other person to enter into any agreement with regard to any investment mentioned in this document. This presentation material is prepared for general circulation It does not have regards to the specific person who may receive this presentation material In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice.
Page 3
List of
Contents
1 Company Overview - ALDO in Brief
2 ALDO’s Business - Paper
3 ALDO’s Business - Chemicals
4 Q1 2025 - Q1 2026 Financial Performance
5 ESG, Awards, etc.
Page 4
Company Overview ALDO in Brief
Page 5
Business Group
Page 6
Industry Value Chain
ALDO Group strive to look for
new opportunities in the market
Wood, Furniture, Coating
Industry, etc.
through the synergy of
Sole distributor
To distribute Textile Dyes and Chemicals to
Paper and Chemical Business.
and agent for
PT Swisstex Naratama In the future, ALDO Group expect
Also supplies Indonesia future growth driver from FMCG
Water-based Distributed to
Polymer as
Produces and F&B industry through
Textile Industry
adhesive and Alkindo’s Papercore, Paper Bag,
coating to Paper Tube
and Paper Box products as well
Supplies Paper Box & Paper Bag for as ECO’s Brown Paper.
Supplies Water-based Polymer
as adhesive and coating to Online F&B Ordering
PT Alfa Polimer PT Alkindo Naratama Produces
Indonesia Indonesia Tbk
Packed into
Produces film packaging to
Also distributed to Distributed to
Also supplies Distributed to
Water-based
Polymer as Papercore Flexible Packaging
Produces Production waste
adhesive and Corrugator Industry
collected in Industry
coating to
Also distributed to Manufactures
PT Eco Paper Brown Paper
Indonesia Distributed to
PT Logistik FMCG Industry
Naratama Indonesia
Corrugated Box
Supplies Old Corrugated
Containers (OCC) to Production waste collected in
Recycled Waste
Collection Legend: ALDO Group Target Industry
Page 7
Innovation Roadmap Journey
Acquisition of 51% Acquisition of 48% SNI established
share of share of PT Logistik
PT Alkindo Acquisition of 99% PT Swisstex Naratama
PT Swisstex Naratama Naratama
Naratama share of Indonesia (Swisstex)
Indonesia (Swisstex) Indonesia (LNI)
Established in PT Eco Paper Acquisition of 48%
Bandung Indonesia (ECO) share of
General goods
Listed in IDX
transportation
2007 (Ticker : ALDO)
2013 2020 PT Alfa Polimer
Indonesia (ALFA) 2022 service
1989 New production 2011 2019 2021 New product: 2023
line: Acquisition of 51% New Hexa Wrap
PaperCore, share of Production line: ECO obtained
Honeycomb, PT Alfa Polimer PaperBox & PaperCup, green loan from
Edge Protector Indonesia (ALFA) PaperBag Paperbowl, HSBC and BCA
PaperBucket
In 2022, Eco Paper advanced its sustainable financing initiatives by securing Green Loan facilities from
HSBC in March and BCA in June.
Page 8
Group and Shareholders Structure
Group Structure Shareholder Structure
Willy Soesanto Erik Sutanto
(Director) (Director)
1.69% 0.89%
PT Alkindo Naratama Tbk (ALDO) Herwanto Sutanto
(Founder - Director)
Integrated Paper & Chemicals Solution Provider 1.82% Public
3.12%
Lili Mulyadi Sutanto
25.44%
(Founder - Commissioner)
99% 99% 99%
PT Swisstex Naratama PT Alfa Polimer PT Eco Paper
Indonesia (Swisstex) Indonesia (ALFA) Indonesia (ECO)
Distributors of textiles dyes Manufacturer of water- Manufacturer of recycled
& chemicals based polymer brown paper
Other shareholders: Other shareholders: Other shareholders:
Herwanto Sutanto (1.00%) Very Budiawan (1.00%) Herlambang Putra Surjadi (1.00%) PT Golden Arista International
(Founding Company)
67.04%
As of December 2025
Page 9
Our Team
Board of Commissioners
LILI MULYADI SUTANTO ERIK SUTANTO MEIGI SONNATA WIDJAJA
President Commissioner Commissioner Independent Commissioner
(Founder)
With over 30 years of experience in the In addition to his busy activities in With extensive experience in finance
paper industry, he played a key role in marketing, operations and information and accounting gained from several
developing ALDO into a packaging systems, he also often provides companies, he was appointed as a
solutions company. He has served as motivations in the Company’s internal Commissioner of the Company in 2022.
the Company's President events. He was appointed as
Commissioner since 2011. Commissioner since 2022.
Directors
HERWANTO SUTANTO WILLY SOESANTO KUSWARA
President Director Director Director
(Co-Founder) He has served as a Director of PT Alfa His experience as an auditor paved the
With more than 18 years of experience Polimer Indonesia, a subsidiary of the way for a career in accounting and
in a multinational textile chemicals Company, since 2013. He was finance across several companies. He
company, he joined Mr. Lili in appointed as a Director of the Company has served as a Non-Affiliated Director
establishing ALDO. He has served as in 2022 and is responsible for since 2011 and currently holds the
the Company's Managing Director overseeing the Company's production positions of Finance Director and
since 2011. and operational activities. Corporate Secretary of the Company.
Page 10
Our Locations PT Eco Paper
Indonesia (ECO)
Padaasih, Cibogo, Subang
West Java, Indonesia
PT Alkindo Naratama Tbk (Alkindo)*
Jl. Industri Cimareme, Cimerang,
Padalarang, West Bandung, Indonesia
PT Alfa Polimer Indonesia (ALFA)
Jl. Industri Cimareme, Cimerang,
Padalarang, West Bandung, Indonesia PT Swisstex Naratama
Indonesia (Swisstex)
Jl. Terusan Pasirkoja, Bandung, Indonesia
*Alkindo has 2 different sites in Cimareme Industry Complex
Page 11
Markets
United States
Pakistan Legends:
Bangladesh Alkindo
United Arab Emirates
Guatemala Thailand Swisstex
Vietnam ALFA
Sri Lanka
Ethiopia Malaysia Phillippines
Nigeria ECO
Singapore
Kenya
Indonesia
Key Customers New Zealand
FMCG CORRUGATOR FLEXIBLE PACKAGING NON-TEXTILE FILAMENT
FURNITURE HEXA WRAP TEXTILE
Page 12
ALDO’s Business Paper Sector
Page 13
Alkindo’s
Products Paper Core
PaperCore is a bobbin for plastic film, paper,
cloth, and foil
Hexcel Honeycomb
Honeycomb is cardboard shaped like a
honeycomb texture, used as a substitute
product for interiors and furniture made from
wood
Edge Protector Yarn Paper Tube
Paperbox, Papercup, Paperbowl, Paperbucket, The Edge Protector is a sheet of paper that is PaperTube is a bobbin for different types of
Paperbag, HexaWrap
produced through a certain process to make yarn that produced in various diameter sizes,
it solid like wood, used as corner protector for thicknesses, and lengths
fragile products
Page 14
Eco ECO is one of the developing manufacturer of industrial paper in Indonesia that produces a wide
range of paper products with the environment-friendly concept that uses waste paper products as
Paper’s
its raw materials. By not using virgin pulps, the company recycles used cardboards into various
industrial paper products.
Products
Kraft Liner
Kraft liner is paper or paperboard produced from recycled paper
produced in the kraft process (paper food box, paper bag, etc).
Eco Board
Eco board is an environmental friendly alternative to MDF, OSB or
fiberboards, that does not release nor contain formaldehyde toxin
(stationary, card, etc).
Core Board
Core board is another type of kraft paper which is broadly used for
making high quality cores (papercore, papertube, etc).
Page 15
ALDO’s Business Chemical Sector
Page 16
ALFA’s PT Alfa Polimer Indonesia
Products LFA specializes in manufacturing water-based polymers for a diverse industrial
application. Relentless strive for innovation and attention to detail has made ALFA’s
products to be a market leader for many applications
ALFA manufactures three main registered trademark water-based polymer products,
which are ALFACHEM®, ALFABOND®, and ALFACOAT®.
Swisstex’s
PT Swisstex Naratama Indonesia
Swisstex is an agent and distributors of textile dyes and chemicals for ARCHROMA
whose marketing areas all over Indonesia.
Textile chemical products distributed by Swisstex are Novacron, Terasil, Novasol,
Lyoprint, Albatex, Eriopon, Uvitex which is mainly textile dyes for all major fibers,
including cotton, polyester, wool, nylon, silk and acrylic.
Products
Page 17
Q1 2025 - Q1 2026 Financial Performance
Page 18
Financial Performance
Sales Net Income
(in IDR) (in IDR)
11,7% 87,8%
13,612,842,042
10,6% 7,245,153,240
March 2025 March 2026 Mar 2025 Mar 2026
Page 19
Financial Performance
Assets (IDR Bn) Liabilities (IDR Bn) Equity (IDR Bn)
1,025 1,053 1,019 1,031 1,033 1,026 1,056 1,069
947
Dec 2024 Dec 2025 Mar 2026 Dec 2024 Dec 2025 Mar 2026 Dec 2024 Dec 2025 Mar 2026
RATIO Q4 2024 Q4 2025 Q1 2025 Q1 2026
Gross Margin 12,9% 14,8% 12,9% 17,4%
Net Income Margin -0,5% 1,7% 1,5% 2,5%
ROA (Return on Asset) -0,4% 1,7% 0,3% 0,6%
ROE (Return on Equity) -0,8% 3,3% 0,7% 1,3%
Current Ratio 123,4% 120,4% 120,4% 120,7%
DER (Debt to Assets Ratio) 49,8% 49,4% 50,1% 49,1%
Page 20
ESG, Awards, etc.
Page 21
ESG Initiatives
Aligned with UN SDGs
Environmental Social Governance
100% of products made from Employee training program Implementation of GCG,
recycled paper Community empowerment transparency, accountability
Energy and water efficiency through CSR Code of ethics and respect
Use of renewable energy & Gender balance in the for human rights
emission reduction workplace Strategic partnerships with
Forest Management Job creation and inclusive government and
certification for raw materials work environment environmental bodies
Benefit 01
Waste recycling and sorting
systems
Lorem ipsum dolor sit amet, consectetur
adipiscing elit. Quisque molestie nisl eu sem
tristique, sit amet convallis ex aliquam. Maecenas
varius lectus hendrerit augue blandit, ut posuere
erat aliquam. Praesent auctor tellus eget nisl
blandit, at varius purus elementum.
Page 22
Our Achievements
Award from Warta Ekonomi Indonesia Awards from Forbes Indonesia Best of the Best Awards:
The 50 Best Companies 2021
Special Mention for Very Good Financial Performance The 50 Best Companies 2019
in categories: Basic Industry and Chemical in 2018 Forbes Asia’s 200 Best Under A Billion 2019
Award from Investor Magazine Indonesia
Best of the Best Awards: ALDO’s Article on Forbes Indonesia’s Awards from
Best Listed Company 2021 Forest, Pulp, and Paper Sector The 50 Best Companies 2021 Best of the Best Awards 2022
MarkPlus Indonesia
PT ALKINDO NARATAMA TBK
Page 23
How ALDO Benefit Customers
Competitive Price Lightweight Material
01 Offers high quality products with Brown paper is lightweight, 04
competitive price helping reduce shipping costs
Attractive Design Firm Structure
02 Attractive design can attract The structure is flexible, yet 05
attention and make unboxing firm enough to protect the
experience more exciting goods inside
Sustainable Packaging Customizable
03 Our products made from The size, shape and printing on 06
recyclable brown paper with the box can be customized to
FSC® certified suit the customers need
Page 24
Why Invest in ALDO?
01 02 03 04
Integrated Future Growth from Environmentally- Another Door of
Business Synergy Paper Business friendly Product Opportunity
ALDO is an integrated provider Driven by growing sustainability Made from waste paper, ALDO’s Chemical Business
of paper and chemical solutions, demands, ALDO’s Paper recycled brown paper is an eco- actively responds to changing
supported by subsidiaries that Business is tapping into future friendly choice for sustainable consumer needs, aligning with
strengthen the Group’s value growth by focusing on the high- packaging solutions the latest market trends to seize
chain and industry focus potential FMCG and F&B new opportunities
sectors
Page 25
Thank
PT ALKINDO NARATAMA TBK
You Location
Cimareme, Padalarang, West
Bandung Regency, West Java
Indonesia – 40553
Names mentioned 20 people and organisations named in the text · linked when the evidence is strong
unresolved
org
PT Swisstex Naratama
p.6 ×4
unresolved
org
PT Alfa Polimer
p.6 ×3
unresolved
org
Indonesia Tbk
p.6
unresolved
org
PT Eco Paper
p.6 ×2
unresolved
org
PT Alkindo
p.7
unresolved
org
PT Alfa Polimer Indonesia
p.7 ×2
unresolved
org
PT Eco Paper Indonesia
p.8 ×2
unresolved
org
PT Golden Arista International
p.8
unresolved
—
Founder
· Independent Commissioner
p.9
unresolved
—
Co-Founder
· Director
p.9
unresolved
org
PT Alfa
p.9
unresolved
org
PT Swisstex Naratama Indonesia
p.10
unresolved
org
PT Alfa Polimer Indonesia Products
p.16
unresolved
org
PT Swisstex Naratama Indonesia Swisstex
p.16
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.