20260727_OKAS_Laporan Informasi dan Fakta Material_32114905_lamp1.pdf

     Table 2. Revenue per Business (in USD Mn)
     Business                                                            6M26     Contribution
     Chemicals and Mining Explosives - Manufacturing & Trading           47.34            62%
     Chemicals and Mining Explosives - Blasting Solutions                25.00            33%
     Other Businesses                                                     3.98             5%
     Total Revenue                                                       76.33          100%


Gross Profit 6M2026 USD 18.94 Mn – Resilient Quarter-on-Quarter Growth
The Consolidated Gross Profit in 6M2026 reached USD 18.94 Mn, representing 40% Quarter-on-
Quarter increase, which was mainly contributed by the Manufacturing & Trading side of our Chemicals
and Mining Explosives Business. Overall, Gross Margin during the 6M2026 reached 25% of Revenue.

Balance Sheet – Maintaining Healthy Capital Structure
The Company continued to maintain a strong Balance Sheet with ample liquidity and low debt levels as
of 30th June 2026. Total Assets of the Company are USD 157.63 Mn and Total Equity of the Company is
USD 56.84 Mn.

Total Short-Term and Long-Term Debt of the Company as of 30th June 2026 is USD 40.07 Mn while the
Cash balance is USD 7.52 Mn (5% Total Assets) resulting in a healthy capital structure, with Net
Gearing Ratio of 0.57x and Current Ratio of 1.29x.



 Table 3. Balance Sheet 6M2026 (in USD Mn)
                     Assets                                            Liabilities & Equity
                                                      Current Liabilities
 Current Assets                                       Trade Payables                              22.40
 Cash & Cash Eq.                              7.52    ST Bank Loan                                 3.18
 Trade Receivables                           32.76    Current Maturities of LT Bank Loans          2.06
 Inventories - net                           27.37    Dividend Payables                            5.57
 Other Current Assets                        11.84    Other Current Liabilities                   28.59
 Total Current Assets                        79.50    Total Current Liabilities                   61.79
                                                      Non-Current Liabilities
                                                      LT Bank Loan                                 5.04
 Non-Current Assets                                   3rd Party & Related Loan                    21.64
 Fixed Assets - net                          76.06    Shareholder Loan                             3.29
 Other Non-Current Assets                     2.07    Other Non-Current Liabilities                9.04
 Total Non-Current Assets                    78.14    Total Non-Current Liabilities               39.01
                                                      Total Equity                                56.84
 Total Assets                               157.63    Total Liabilities & Equity                 157.63

                          Table 4. Key Financial Ratios
                          Ratios                                           Period
                          Profitability                                 6M26 6M25
                          Gross Margin                                   25%     30%
                          Operating Margin                                5%     14%
                          EBITDA Margin                                  14%     20%

                          Balance Sheet                                 6M26     FY25
                          Return on Asset                               2.0%*    5.6%
                          Return on Equity                              5.8%*   14.0%
                          Total Asset Turnover                          0.94x    1.04x

                          Leverage                                      6M26    FY25
                          Current Ratio                                 1.29x   1.47x
                          Net Gearing                                   0.57x   0.54x

                         *ROA & ROE uses TTM (Trailing Twelve Months)



Statement from Our President Director - Bapak Ratno “Ale” Paskalis Hendrawan
“Ancora delivered stable Revenue of USD 76.3 Mn in the first half of 2026 displaying resilient demand
across its core vertically integrated mining explosive businesses. The Company is still displaying
resilient financial performance, driven by leading Ammonium Nitrate manufacturing and blasting
solutions, complemented by explosive accessories production, other chemicals, and logistics
solutions.

The Company also recorded Gross Profit of USD 18.94 Mn and EBITDA of USD 10.51 Mn, representing
Quarter-on-Quarter growth of 40% and 96%, respectively, demonstrating its ability to maintain healthy
profitability. Overall, Ancora remains well-positioned to drive sustainable growth and continue
supporting the strategic needs of the mining industry over the long term.”

Furthermore, Pak Ale also added:

“Looking ahead, Ancora remains well positioned as the only integrated mining explosives company
listed on the Indonesia Stock Exchange, supported by its end-to-end value chain spanning Ammonium
Nitrate manufacturing, detonators, boosters, logistics, and on-site blasting services.

The growth prospects for the remainder of 2026 and beyond are positive, especially with the expected
revision of Indonesia's Mining Work Plan and Budget (RKAB) to support higher mining activities in the
second half. Ancora also sees great potential in new projects and growing export opportunities for
Ammonium Nitrate and explosive accessories across the Asia Pacific region, supported by favorable
regional demand and supply chain dynamics.

At the same time, the Company continues to increasingly diversify its customer base beyond the mining
sector, including future supply to the agriculture industry. The Company also continues to strengthen its
vertically integrated value chain with the expected commissioning of its Booster Plant in Handil, East
Kalimantan, which is est to commence operations in 2027 and will further strengthen the Company’s
export platform and provide an additional engine for long-term revenue and earnings growth.”



The Consolidated Financial Statements can be found on the Company's website: www.ancorair.com

Corporate Secretary and Investor Relations
PT Ancora Indonesia Resources Tbk

For more information, please contact:
Corporate Secretary: corporate.secretary@ancorair.com
Investor Relations: ir@ancorair.com


About PT Ancora Indonesia Resources Tbk
Ancora is an Indonesian-based integrated chemicals and mining solutions company with core business
activities in chemical manufacturing, explosives accessories, and blasting solutions. The Company also
has an integrated logistics business, supporting its core business ecosystem. Other businesses in the
Company’s portfolio include oil and gas drilling services and sustainability-related businesses.

Disclaimer and Forward-Looking Statements
This publication is issued concurrently with the release of the Unaudited Consolidated Financial
Statements of PT Ancora Indonesia Resources Tbk (the "Company") and its Subsidiaries for the six-
month period ended 30 June 2026. This publication may contain forward-looking statements based on
the information, assumptions, and expectations of the Company as of the date of this publication. Such
statements involve risks and uncertainties that may cause actual results to differ materially from those
expressed or implied herein. The information contained in this publication is provided for informational
purposes only and is not intended to serve as the sole basis for any decision-making. Neither the
Company, its affiliates, nor any related parties shall be liable for any decision made or action taken
based on the information contained in this publication, or for any direct or indirect loss or damage arising
therefrom.