20250409_SUNI_Laporan Informasi dan Fakta Material_31873655_lamp2.pdf

Direktur Utama PT Sunindo Pratama Tbk, Willy Johan Chandra menyatakan SUNI
berhasil melanjutkan peningkatan kinerja yang signifikan pada 4Q 2024 sebagai hasil
dari implementasi langkah-langkah strategis Perseroan di tahun ini. Setelah
Perseroan mencetak rekor laba tertinggi di 3Q 2024, Perseroan melanjutkan tren
posisitif tersebut dengan membukukan laba bersih yang cukup signifikan pada 4Q
2024. Perseroan juga telah melakukan revisi atas target tahunannya dengan karena
kinerja yang baik selama semester I 2024. Dengan potensi captive market Indonesia
untuk produk seamless pipes/OCTG tubing dan keberhasilan Perseroan
memenangkan tender-tender yang signifikan memberikan peluang bagi Perseroan
untuk dapat meningkatkan kinerja dan menjamin keberlangsungan usaha ke
depannya.


“Kami sangat mensyukuri hasil yang telah didapat oleh Perseroan selama tahun 2024
ini. Pada tahun 2024 ini Perseroan telah mencatatkan rekor laba dan penjualan
sepanjang sejarah, tentunya ini berkat penerapan strategi bisnis yang tepat serta kerja
keras dari semua lini di dalam Perseroan. Namun hasil yang baik tersebut tentunya
tidak membuat kami berhenti untuk terus meningkatkan kinerja Perseroan. Saat ini
Perseroan masih terus berfokus pada peningkatan kapasitas produksi in-house dari
entitas anak Perseroan, PT Rainbow Tubular Manufacture (RTM). Fasilitas plant 2
RTM ini ditargetkan untuk dapat beroperasi pada tahun 2026. Peningkatan kapasitas
produksi tersebut diharapkan dapat semakin meningkatkan kinerja operasional dan
keuangan Perseroan ke depan serta menjamin dan ketersediaan OCTG tubing secara
nasional”, kata Willy.

Pada kesempatan yang sama, Direktur Operasional SUNI, Bambang Prihandono
mengatakan bahwa Perseroan terus berusaha untuk meningkatkan efisiensi
operasional baik dalam proses produksi dan supply chain management. Hal ini sangat
diperlukan dengan semakin meningkatnya volume produksi dan penjualan Perseroan.
Perseroan juga telah mulai mempersiapkan tim operasional yang diperlukan berkaitan
dengan pembangunan dan operasional plant 2 RTM nantinya. Pada tahun ini
Perseroan telah menyelesaikan pendirian workshop untuk produk wellhead dan x’mas
tree sebagai langkah lanjutan pembentukan joint venture bersama Jiangsu Jinshi
Machinery Group (JMP), PT Petro Sinergy Manufacturing (PSM). Saat ini, PSM tengah
mengurus perijinan dan sertifikasi yang diperlukan agar dapat segera beroperasi
secara komersial. PSM akan menjadi strategic asset kedua bagi Perseroan untuk
menghasilkan wellhead dan x’mas tree yang memenuhi TKDN dan berstandar
internasional dengan harga yang kompetitif. “Saat ini sertifikasi API telah didapatkan
oleh Perseroan, selain itu PSM juga sedang mengurus sertfikasi TKDN, sehingga PSM
dapat segera beroperasi dan berkontribusi pada kinerja SUNI”, tambah Bambang.

Direktur Keuangan PT Sunindo Pratama Tbk, Freddy Soejandy juga menambahkan
bahwa Perseroan telah merevisi beberapa target keuangan Perseroan karena
pencapaian yang sangat baik pada tahun 2024 ini, di mana pencapaian Perseroan
telah melampaui target awal laba bersih tahun ini, dan pada 4Q 2024 ini Perseroan
telah dapat mencapai revisi target tersebut. Selain itu, Perseroan pada tahun ini telah
mengeluarkan capital expenditure (capex) sebesar Rp200,7 miliar ini untuk

pembangunan Pabrik ke-2 RTM. “Pada tahun 2025 rencana capex yang akan
dikeluarkan kurang lebih sebesar Rp 170 miliar untuk meneruskan proyek
pembangunan pabrik baru tersebut”, tambah Freddy.




Tentang PT Sunindo Pratama Tbk

PT Sunindo Pratama Tbk (SUNI) didirikan pada bulan September 2002 dan bergerak di bidang aktivitas penunjang industri minyak dan gas bumi
(migas) utamanya industri seamless pipes/OCTG tubing. Perseroan berpengalaman dalam memproduksi dan mendistribusikan produk dan jasa
untuk memenuhi kebutuhan industri migas, antara lain OCTG Tubing dan Casing, Wellhead dan Christmas Tree, Drill Bit, Completion Equipment
serta Wellhead Installation dan Maintenance Services.

SUNI resmi tercatat di Bursa Efek Indonesia pada 9 Januari 2023. Pada tahun yang sama, SUNI memperkuat kepemilikannya pada PT Rainbow
Tubulars Manufacture (RTM) dan menjadikannya sebagai aset strategis. RTM merupakan pionir dan satu-satunya manufaktur OCTG tubing di
Indonesia dengan standar API-5CT serta telah mencapai Tingkat Komponen Dalam Negeri (TKDN). Dengan pasar produk tubing yang belum
terpenuhi, ditambah dengan target Pemerintah untuk meningkatkan produksi migas hingga tahun 2030, SUNI memiliki potensi besar untuk
meningkatkan kapasitas dan kinerja keuangan yang berkelanjutan ke depannya.

    Continuing strong performance in 4Q,
    SUNI sharpens Net Profit record 2024
Jakarta, 09 April 2025, PT Sunindo Pratama Tbk (SUNI IJ) has successfully sharpened
its record in the highest net profit in history, amounting to IDR 205.1 billion in 4Q 2024.
This profit increase is closely linked to strong performance during 4Q 2024. The net
profit increased by 103.6% year-on-year (YoY). SUNI's net profit in 4Q has exceeded
the (revised) target for this year, achieving 102.7%. In the second semester, SUNI has
revised its achievement target for 2024 because its profit achievement in the first
semester 2024 had surpassed its initial annual target.

SUNI recorded operating revenue of IDR 1,047.4 billion in 4Q 2024, an increase of
37.3% YoY compared to the same period in 2023, achieving 105.3% of the Company's
revenue target for this year. This increase in operating revenue is in line with the
growth in sales volume of OCTG tubing and casing, which grew by 40.2% YoY and
21.4% YoY, respectively.

Along with the growth in net profit, SUNI also successfully increased its equity by
33.0% to IDR 782.5 billion compared to 4Q 2023. This increase in equity includes the
distribution of dividends amounting to IDR 11 billion as per the decision of the Annual
General Meeting of Shareholders (RUPST) on June 12, 2024. The Company also
managed to maintain its financial ratios in accordance with credit provisions, with a
Debt to Equity Ratio (DER) at 0.4 times, well below the credit provision maximum of
2.5 times.

In 4Q 2024, SUNI achieved positive cash flow from operating activities amounting to
IDR 269.5 billion, an increase of 1008.4% YoY. This significant increase in operating
cash flow aligns with the increase in the Company's profit. The Company also made
investments of IDR 200.7 billion for the purchase of machinery and the construction
of a factory, which represents a 68.8% YoY increase compared to the same period last
year of IDR 118.9 billion. This increase is due to the expansion of the Company's
second factory in Batam to enhance production capacity. From financing activities,
net cash flow decreased by 86.7% YoY, primarily due to the receipt of IPO fund in 2023.

Willy Johan Chandra, President Director of PT Sunindo Pratama Tbk, noted SUNI has
continued to show significant performance improvement in 4Q 2024 as a result of the
implementation of the Company's strategic measures this year. After achieving the
highest profit record in 3Q 2024, the Company continued this positive trend with a
significant net profit in 4Q 2024. The Company has also revised its annual targets due
to its strong performance during the first semester of 2024. With Indonesia's captive
market potential for seamless pipes/OCTG tubing and the Company's success in
winning significant tenders, there are opportunities for the Company to enhance its
performance and ensure business sustainability in the future.

“We are very grateful for the results achieved by the Company during 2024. This year,
the Company has recorded the highest profit and sales in its history, thanks to the
implementation of the right business strategies and the hard work of all departments
within the Company. However, these good results do not stop us from continuing to
improve the Company's performance. Currently, the Company is still focused on
increasing in-house production capacity from its subsidiary, PT Rainbow Tubular
Manufacture (RTM). The RTM plant 2 facility is targeted to be operational by 2026.
This increase in production capacity is expected to further enhance the Company's
operational and financial performance in the future and ensure the availability of OCTG
tubing nationally,” said Willy.

Additionally, SUNI’s Director of Operations, Bambang Prihandono, stated that the
Company continues to strive to improve operational efficiency in both production
processes and supply chain management. This is essential as the Company's
production and sales volumes continue to rise. The Company has also begun
preparing the necessary operational team for the construction and operation of RTM
plant 2. This year, the Company completed the establishment of a workshop for
wellhead products and x'mas trees as a follow-up step in forming a joint venture with
Jiangsu Jinshi Machinery Group (JMP) and PT Petro Sinergy Manufacturing (PSM).
Currently, PSM is handling the necessary permits and certifications to begin
commercial operations soon. PSM will become the Company's second strategic asset
for producing wellheads and x'mas trees that meet the local content requirements
(TKDN) and international standards at competitive prices. “Currently, API certification
has been obtained by the Company, and PSM is also in the process of obtaining TKDN
certification so that PSM can operate soon and contribute to SUNI's performance,”
added Bambang.

Freddy Soejandy, Finance Director of PT Sunindo Pratama Tbk, noted that the
Company has revised several of its financial targets due to the excellent achievement
in 2024, where the Company's performance has surpassed the initial net profit target
for this year, and in 4Q 2024, the Company has achieved these revised targets.
Additionally, this year the Company has issued capital expenditure (capex) of IDR
200.7 billion for the construction of RTM's second factory. “In 2025, the planned capex
to be issued approximately IDR 170 billion to continue the project for the new factory
construction,” Freddy concluded.


About PT Sunindo Pratama Tbk

PT Sunindo Pratama Tbk (SUNI) was established in September2002 and operates in the supporting activities of the oil and gas industry, primarily in the seamless
pipes/OCTG tubing sector. SUNI has experience in manufacturing and distributing products and services to meet the needs of the oil and gas industry, including
OCTG Tubing and Casing, Wellhead and Christmas Tree equipment, Drill Bit, Completion Equipment and Wellhead Installation and Maintenance Services.

SUNI was officially listed on the Indonesia Stock Exchange on January 9 2023. In the same year, SUNI strengthened its ownership of PT Rainbow Tubulars
Manufacture (RTM) and made it a strategic asset. RTM is a pioneer and the only OCTG tubing manufacturer in Indonesia with the API-5CT standard and has
achieved the Domestic Component Level (TKDN). With an untapped demand in the tubing market products, coupled with the Government's target to increase
oil and gas production by 2030, SUNI has significant potential to enhance its capacity and financial performance sustainable in the future.