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ESSA 4Q25 Press Release.pdf

Financial statement Text extracted ESSA

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              ESSA’s Strong Q4 Performance Lifts 2025 Results Close to
                                 Prior Year Levels

         Jakarta, 6 March 2026 — PT ESSA Industries Indonesia Tbk (“ESSA”), a publicly listed
         company engaged in the Energy and Chemicals sector through its LPG (Liquefied Petroleum
         Gas) refinery and Ammonia plant, has further strengthened its financial position since making
         early repayment of all its loans in 2025. The stellar 4Q25 performance was driven by a sharp
         rebound in ammonia prices, which jumped 31% QoQ. ESSA’s robust operations backed by
         plant reliability were instrumental in capturing the price upside amidst global ammonia supply
         issues. As a result, 4Q25 revenue increased by 51% QoQ, while net profit rose by 194% QoQ,
         highlighting the Company’s strong operational leverage and agility in responding to market
         changes.

             Quarterly Revenue & EBITDA (USD Million) - TFQ        Quarterly Ammonia & LPG Realized Price (USD/MT) - TFQ

                                                       94.7
                                                                  623
                                                                                  600
                  69.6          68.0                                                                    529
                                            62.8                                                                               483

                                                                                                                                405
                                                                  341
                                                                                                       309
                                                                                 288
                                                       45.3
                  25.2          24.1        24.5

                 1Q25           2Q25       3Q25        4Q25       1Q25          2Q25                  3Q25                    4Q25
                                 EBITDA   Revenue                            Ammonia Price             LPG Price



         On a full-year basis, the Company posted a revenue of USD 295 million, a marginal decline of
         2% YoY despite LPG & ammonia prices being lower by 8% and 3.5% respectively YoY. While
         the topline remained resilient supported by 3% higher ammonia dispatches, the bottom-line
         was primarily impacted by the lower sales realizations. Reduction in financial charges due to
         prepayment of loans, partly offset the impact of lower sales realization in Net Profit.


              Revenue (USD Million)                   EBITDA (USD Million)              Net Profit* (USD Million)

                                ↆ2%
                   301                                             ↆ7%
                                295                                                                                ↆ11%
                                                          129                                    45
                                                                   119                                             40




                  FY24          FY25                      FY24    FY25                         FY24              FY25
                                                                                        *Attributable to Shareholder of the Company




PT ESSA Industries Indonesia Tbk.
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                                                         Page 1 of 4
Page 2
         Kanishk Laroya – President Director & CEO of ESSA said “Optimum operating levels along
         with high plant reliability were the key to ESSA’s robust operations which off-set, to a large
         extent, the impact of lower prices in the topline. Our LPG plant has clocked more than 6.5 years
         of “Zero plant trip” while ammonia plant has completed 9.4 million safe manhours – a
         testament to ESSA’s operational excellence. This year we will be undertaking scheduled
         turnaround for our ammonia plant in 2Q26, helping us ensure long-term safety, reliability,
         efficiency, and sustainability. Prudent financial management also helped us in reducing our
         interest expenses and supporting our bottom-line. In 2025, we became debt-free with a net
         cash of USD 126 million putting ESSA in a good position to leverage its Balance Sheet for
         growth opportunities”.


         For further information, please visit our website www.essa.id or contact:

           Shinta Siringoringo                          M. Aditya
           Corporate Secretary                          Media Relations Team
           Phone: +62 21 2988 5600                      Phone: +62 812 9548 6465
           Email: corpsec.eii@essa.id                   Email: investor.relation@essa.id




PT ESSA Industries Indonesia Tbk.
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                              Page 2 of 4
Page 3
                   Kinerja Kuat pada Kuartal IV Dorong Kinerja ESSA 2025
                        Kembali Mendekati Level Tahun Sebelumnya

         Jakarta, 6 Maret 2026 — PT ESSA Industries Indonesia Tbk (“ESSA”), perusahaan tercatat
         yang bergerak di sektor Energi dan Kimia melalui kilang LPG (Liquefied Petroleum Gas) dan
         pabrik Amoniak, terus memperkuat posisi keuangannya setelah melakukan pelunasan lebih
         awal atas seluruh pinjamannya pada Tahun 2025. Kinerja gemilang pada Kuartal IV 2025
         didorong oleh pemulihan tajam harga amoniak yang meningkat sebesar 31% secara kuartalan
         (QoQ). Dengan operasional yang solid serta didukung keandalan pabrik yang baik,
         memungkinkan Perseroan memanfaatkan kenaikan harga tersebut di tengah gangguan
         pasokan amoniak global. Hal ini mendorong pendapatan pada Kuartal IV 2025 meningkat 51%
         QoQ, sementara laba bersih naik sebesar 194% QoQ yang mencerminkan kuatnya leverage
         operasional ESSA serta kemampuan Perseroan dalam merespons dinamika pasar secara cepat.

             Pendapatan & EBITDA Kuartalan (USD Juta) - TFQ       Harga Realisasi Amoniak & LPG Kuartalan (USD/MT) - TFQ

                                                       94.7
                                                                  623
                                                                                  600
                  69.6          68.0                                                                    529
                                            62.8                                                                              483

                                                                                                                               405
                                                                  341
                                                                                                        309
                                                                                  288
                                                       45.3
                  25.2          24.1        24.5

                 1Q25           2Q25       3Q25       4Q25       1Q25          2Q25                    3Q25                  4Q25
                                 EBITDA   Revenue                           Ammonia Price               LPG Price



         Secara tahunan, Perseroan mencatat pendapatan sebesar USD 295 juta, sedikit menurun 2%
         YoY meskipun harga LPG dan amoniak masing-masing lebih rendah 8% dan 3,5% YoY.
         Pendapatan relatif terjaga, didukung oleh peningkatan volume pengiriman amoniak sebesar
         3%, sementara penurunan laba terutama dipengaruhi oleh realisasi harga penjualan yang lebih
         rendah. Penurunan beban keuangan seiring pelunasan pinjaman lebih awal turut membantu
         mengimbangi sebagian dampak tersebut terhadap laba bersih.


              Pendapatan (USD Juta)                    EBITDA (USD Juta)                   Laba Bersih* (USD Juta)

                                ↆ2%
                   301
                                295                               ↆ7%
                                                                                                                   ↆ11%
                                                          129                                     45
                                                                  119                                              40




                  FY24          FY25                     FY24     FY25                          FY24             FY25
                                                                             * Yang dapat diatribusikan kepada Pemegang Saham Perseroan

PT ESSA Industries Indonesia Tbk.
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                                                        Page 3 of 4
Page 4
         Kanishk Laroya – Presiden Direktur & CEO ESSA mengatakan “Tingkat operasi yang optimal
         serta keandalan fasilitas produksi yang tinggi menjadi faktor utama kuatnya operasional ESSA
         sehingga mampu mengimbangi sebagian besar dampak penurunan harga terhadap
         pendapatan. Pabrik LPG kami telah mencatat lebih dari 6,5 tahun tanpa gangguan operasional
         (zero plant trip), sementara pabrik amoniak telah mencapai 9,4 juta jam kerja aman, yang
         mencerminkan komitmen ESSA terhadap keunggulan operasional. Pada tahun ini, kami akan
         melaksanakan turnaround terjadwal untuk pabrik amoniak pada Kuartal II 2026 guna
         memastikan keselamatan, keandalan, efisiensi, dan keberlanjutan operasional dalam jangka
         panjang. Pengelolaan keuangan yang prudent juga memungkinkan kami menurunkan beban
         bunga serta memperkuat kinerja laba. Pada Tahun 2025, kami berhasil mencapai posisi debt-
         free dengan posisi kas bersih sebesar USD 126 juta, yang menempatkan ESSA pada posisi yang
         kuat untuk memanfaatkan neraca keuangan dalam mendukung berbagai peluang
         pertumbuhan selanjutnya.”


         Untuk informasi lebih lanjut, kunjungi website kami www.essa.id atau hubungi:

           Shinta Siringoringo                        M. Aditya
           Corporate Secretary                        Media Relations Team
           Phone: +62 21 2988 5600                    Phone: +62 812 9548 6465
           Email: corpsec.eii@essa.id                 Email: investor.relation@essa.id




PT ESSA Industries Indonesia Tbk.
DBS Bank Tower 18th Floor
Jl. Prof. Dr. Satrio Kav. 3-5
Jakarta 12940, Indonesia                                                                          Page 4 of 4

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Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

linked org PT ESSA Industries Indonesia Tbk p.1 ×11
linked person Kanishk Laroya p.2 ×2
possible org DBS Bank p.1 ×4
possible person Prof. Dr. Satrio p.1 ×4
unresolved org Industries Indonesia Tbk p.1 ×6
unresolved person Media Relations Team · Corporate Secretary p.2 ×2

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