Sales Increase, BLES Records Revenue of IDR 314 Billion in Q1 2025
This article is adapted from CNBC Indonesia
PT Superior Prima Sukses Tbk (BLES) recorded a net revenue of IDR 314 billion in the first quarter of 2025. This represents a 5.7% increase compared to the net revenue of IDR 297 billion in Q1 2024.
BLES Corporate Secretary, Andrew, explained that in terms of sales volume, BLES saw a 23.7% increase compared to the same period in 2024. However, the company’s net profit performance declined during this quarter.
The net profit attributable to shareholders and business owners for this period reached IDR 1.1 billion in the first three months of 2025, marking a decrease compared to the same period last year.
"The company’s assets in Q1 2025 stood at IDR 1.88 trillion, up 2 percent compared to Q1 2024. This increase was mainly due to a rise in non-current assets amounting to IDR 58.8 billion," he stated in a written announcement on Tuesday (April 29, 2025).
Furthermore, in reviewing the company’s performance in Q1 2025, Andrew said this quarter served as a time to lay a solid foundation for long-term goals.
He added that throughout Q1 2025, the company continued its efforts to penetrate and educate the market in order to increase BLES’ market share. External factors also played a role, with the month of Ramadan, the extended Eid holiday, and travel restrictions contributing to less favorable conditions.
Nevertheless, BLES remains optimistic about improving performance in the future. To support this, its fifth factory in Banjarnegara is scheduled to begin operations in mid-2025, bringing BLES' total installed capacity to 5.6 million cubic meters per year.
"With the additional capacity from the fifth factory and increased utilization of the first factory in Mojokerto and the second in Lamongan—following last year’s machine capacity upgrades—the company is optimistic it can achieve double-digit growth in 2025," Andrew concluded.