Press Release
DSSA Delivers Solid Q1 2025 Performance, Accelerates Investment in Green and Digital Initiatives
Jakarta, 28 May 2025 – PT Dian Swastatika Sentosa Tbk (IDX:DSSA) (“DSSA” or “the Company”) has announced its consolidated financial results for the three-month period ended 31 March 2025. In the first quarter of this year, the Company recorded consolidated operating revenue of USD 737.6 million. The main contributor to the Company’s operating revenue remained the mining business line, while the technology and renewable energy business lines continued to show a positive growth trend.
During this period, the Company recorded a gross profit of USD 287.7 million, operating profit of USD 149.5 million, and net profit attributable to owners of the parent entity of USD 80.5 million. Total assets reached USD 3.85 billion, with a strong cash and cash equivalents position of USD 951.4 million, and equity of USD 2.06 billion.
The performance in Q1 2025 reflects the resilience of the Company’s business model and operational strategy in navigating global market dynamics. Amid commodity price volatility and the momentum of energy transition, the Company maintained financial stability while strengthening its position through a focus on efficiency, innovation, and the development of sustainable strategic business lines.
L. Krisnan Cahya, President Director of PT Dian Swastatika Sentosa Tbk, stated, “This quarter’s performance demonstrates the effectiveness of our strategy in maintaining efficiency and reinforcing business fundamentals. In addition to sustaining strong performance from the mining business line, we are also accelerating the development of our technology and renewable energy business lines as part of our commitment to sustainable business transformation. With significant growth potential, we aim to increase revenue contributions from these two sectors substantially in the near future.
By strengthening the digital ecosystem through PT Eka Mas Republik (MyRepublic Indonesia), developing AI-based data center businesses, and advancing geothermal and solar energy projects, we are confident in building a more balanced, sustainable, and future-ready business portfolio.”
Commitment to Consistent Performance and Strategic Growth
With a solid business foundation and healthy financial structure, the Company continues to strengthen its competitiveness through long-term strategic investments aligned with Environmental, Social, and Governance (ESG) principles. The Company consistently enhances synergies across business lines to foster inclusive, adaptive, and sustainable growth—especially in facing global challenges and accelerating the transition to a low-carbon economy.
The Company’s commitment to green energy transition is realized through the development of strategic projects in the renewable energy business line. Through its subsidiaries, the Company is currently developing three geothermal power plant projects in Cipanas and Cisolok (West Java), and Nage (East Nusa Tenggara) with a total capacity of up to 140 MW, targeted for commercial operation in 2029.
In the solar energy business, the Company has established an integrated solar panel manufacturing plant with a capacity of 1–2 GWp per year in the Kendal Industrial Estate, Central Java, through a joint venture. Through its subsidiary, PT Daya Mas Agra Sejahtera (Dian Solar), the Company has also developed solar cells and panels for industrial and commercial use.
These initiatives reinforce the Company’s commitment to building a sustainable business portfolio. For its consistency in emission reporting and reduction, the Company was awarded two honors at the 2025 Best Corporate Emission Reduction Transparency Awards: “The Best Corporate Emission Reduction Transparency” and “The Most Consistent in Emission Reduction Transparency.” These recognitions further motivate the Company to continue strengthening sustainability integration across its business lines while supporting Indonesia’s Net Zero Emissions target by 2060 and the national greenhouse gas emission reduction target by 2030.
Digitalization for Future Competitiveness
As part of its business transformation efforts, the Company also implements digital initiatives that support efficiency and long-term value creation. Through MyRepublic Indonesia, the Company has reached over 6 million households in 140 cities and regencies, serving 1 million active subscribers. Meanwhile, through its subsidiary PT SMPlus Digital Investama, the Company is developing an artificial intelligence-based data center in South Jakarta to strengthen the national digital infrastructure increasingly required in the future.
About PT Dian Swastatika Sentosa Tbk
Founded in 1996, PT Dian Swastatika Sentosa Tbk (DSSA) is a leading energy and infrastructure company in Indonesia and part of the Sinar Mas. DSSA operates in multiple business segments including mining, renewable energy, technology, chemicals, and investments. DSSA and its subsidiaries offer a wide range of products and services—from coal and chemicals to pay TV, internet services, and data centers. Through strategic investments and business expansion, DSSA aims to deliver long-term value while fostering sustainable growth.
To learn more about our latest businesses and initiatives, please visit: www.dssa.co.id
For further information, please contact:
Marissa Anugrah
Head of Corporate Communications
PT Dian Swastatika Sentosa Tbk