JAKARTA – PT Surya Biru Murni Acetylene Tbk (SBMA) is optimistic about achieving positive performance throughout 2025, driven by rising demand for industrial gas in Kalimantan.

SBMA Director, Julianto, stated that the continuously growing business opportunities in this sector will be the main driver of the company’s growth.

“The company plans to focus investment on three key areas: market development, product diversification, and strengthening human resources,” Julianto said in his official statement on Monday (17/3).

He added that SBMA will also increase plant utilisation and expand into strategic sectors such as oil and gas, mining, and healthcare. With this strategy, SBMA aims to meet the growing demand for industrial gas and strengthen its position in the national market.

The Downstream Oil and Gas Regulatory Agency (BPH Migas) projects that gas demand in Kalimantan will reach 999.21 million standard cubic feet per day (MMSCFD) by 2027, with industrial gas demand totalling 229 MMSCFD.

“To meet this demand, various gas infrastructure projects are being planned, including the construction of the Trans Kalimantan natural gas pipeline,” he said.

According to data from IDNFinancials.com, SBMA’s revenue increased by 17.74% year-on-year (yoy) to IDR 96.6 billion as of 30 September 2024. Its net profit also surged by 103.96% to IDR 9.7 billion.

In terms of profitability, SBMA’s Return on Equity (ROE) rose from 2.22% to 4.33%, while its Return on Assets (ROA) also improved to 3.43%.

“This reflects the company’s effectiveness in managing assets to generate profit,” said Julianto. (DK/KR/ZH)