PT BARITO PACIFIC TBK (BRPT) Achived 12M-2023 Consolidated EBITDA of US$612 million (+28.8% YoY)


Jakarta, 28 Maret 2023, PT Barito Pacific Tbk. (BRPT) released its audited consolidated financial statements for the full-year of 2023. The report stated 28.8% higher consolidated 2023 EBITDA of US$612 million from US$475 million in the prior year, which translates to an EBITDA margin of 22.2% vs. 15.1% in 2022. This increase is consistent with improvement in Barito Pacific Group’s operational achievement on stable performance of energy segment and modest swing of operational recovery in the petrochemical segment. 

The year of 2023 marked another milestone for Barito Pacific, as we continued to advance our value creation journey through diversification and downstream expansions. Agus Pangestu, President Director of Barito Pacific, stated, “We are pleased to report that our 2023 results continued to reflect our transformed business portfolio and resilient capital structure to withstand the volatility in the global petrochemical sector. Our agility in seizing new growth prospects has positioned us to deliver a more stable and value-enhancing income stream.”

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