Pt Tbs Energi Utama Tbk · IDX:TOBA
Pt Tbs Energi Utama Tbk — FY2025 Earnings Presentation
22 slides from Pt Tbs Energi Utama Tbk's earnings presentation, March 2026
Slide 1: Q4 2025 Company Presentations
Q4 2025 Company Presentations Redefining Tomorrow. For Good and For Growth. March 2026
Slide 2: Table of Content
2 1 TBS at a Glance Table of Content 2 FY2025 Financial Highlights 3 FY2025 Operational Highlights
Slide 3: TBS at a Glance
TBS at a Glance
Slide 4: TBS at a Glance
4 TBS at a Glance We are Indonesia’s Leading 2 >1,800 ~800 Million USD Sustainability- focused Corporation Countries Employees Asset Value Carbon-based Past Sustainability-Centered Future Mining Coal-fired Power Plant Waste Renewables EV Ecosystem ~1.7 Annual Production Fully Divested >1.0 mn tons 6
Slide 5: Delivering on our TBS2030 Commitment
5 Delivering on our TBS2030 Commitment We have proven the ability to execute, shifting away from coal to sustainable businesses From : Towards : Coal-based Business Company Centered on Sustainability Coal Coal Fired Power Electric Renewable Waste Mining Plant Vehicles Energy Management ABN, IM, & TM
Slide 6: Thriving Environment
Thriving Environment
Slide 7: Strong Leadership Team Driving Growth
7 Strong Leadership Team Driving Growth Experienced management team with extensive financial and operational expertise Board of Commissioners President & Independent Independent Independent Commissioner Commissioner Commissioner Commissioner Bacelius Ruru Frances Kang A. Fuad Rahmany Yasmin Wirjawan
Slide 8: FY2025 Financial Highlights
FY2025 Financial Highlights
Slide 9: Strategic Repositioning: Short-Term Dip, Long-Term Value Creation
9 Strategic Repositioning: Short-Term Dip, Long-Term Value Creation FY25 reflects a necessary portfolio reset as we accelerate our transition into a sustainability-led platform Legacy Portfolio Reset (FY25) Transformation Phase (FY25–FY27) Long-Term Value Creation Short-Term Financial Impact Structu
Slide 10: FY2025 P&L Summary
10 FY2025 P&L Profit or Loss Statement FY20251 FY2025 FY2024 %Change Summary (in USD’000) Revenue 380,223 445,648 (14.7%) COGS (348,632) (364,549) (4.4%) Despite coal-price Gross Profit 31,591 81,099 (61.0%) headwinds and a non-cash loss, the Sales and G&A Expenses (71,953) (46,479) 54.8% Group deli
Slide 11: FY2025 BS Summary
11 FY2025 BS Balance Sheet FY2025 Summary (in USD’000) FY2025 FY2024 %Change Cash1 102,324 88,737 15.3% Strengthened Short-Term Bank Loans 12,240 22,312 (45.1%) cash position and reduced Long-Term Bank Loans 232,427 284,361 (18.3%) bank loans, reflecting a more IDR Bonds and Sukuk Payable 85,619 32,
Slide 12: Resilient Financial Performance
12 Resilient Our transformation has showed positive results, with 41% of our revenue derived from the waste management business Financial Performance YoY Revenue Movement by Business Segment (USD mn) -15% Adjusted EBITDA stayed 142.3 2.2 positive, underscoring our 445.6 1.1 0.0 380.2 resilience. (16
Slide 13: Debt Profile
13 Debt Profile The total debt continues to be effectively managed across all business units Measured Credit Management as of FY2025 Supported by Strong Debt Repayment Capability There is an increase in total net loans that are allocated towards strategic business expansions Total Interest-Bearing L
Slide 14: FY25 Operational Highlights
FY25 Operational Highlights
Slide 15: Key Strategic Initiatives
15 Key Strategic Multi-track approach to continue delivering on our commitments Initiatives TBS Coal 1 Maintaining efficient mining operations From Fossil Fuel Realizing our Based TBS CFPP strategic transition by 2 Divestment of our CFPPs to fuel our strategic agenda Fully Divested divesting coal po
Slide 16: TBS Regional Waste Management Platform
16 TBS Regional Waste Management Platform Following the acquisition of CORA, the Group now operates across five key business segments: Municipal Waste, Industrial & Commercial Waste, Medical & Toxic Industrial Waste, Material Recovery Facilities and Energy-from-Waste Municipal Waste Industrial & Med
Slide 17: TBS Regional Waste Management Platform
17 TBS Regional Waste Management Platform Committed to Delivering Operational Excellence for Our Customers Cora Environment is an Asia Medical Enviro ARAH Environmental is an integrated waste management company in 300+ Services (AMES) is a leading player in medical 11+ integrated waste management co
Slide 18: Power
18 Power The divestment of CFPP and the successful COD of our first renewable asset reaffirm our commitment to becoming a sustainable green business MCL & GLP – Coal Fired PP AEH – Mini Hydro PP NTBE – Floating Solar PP Fully divested COD Under construction PT Minahasa Cahaya Lestari (MCL)1,100MW PT
Slide 19: Electric Vehicle Ecosystem
19 Electric Vehicle Ecosystem Capture new growth and upside potential through Electrum’s Surabaya expansion and RTO strategy Our strength lies in our ecosystem Ensuring a smooth user experience while scaling rapidly Business Overview Products Electrum H5 Electrum H3/H3i Electrum H1 Max Speed Max Spe
Slide 20: Coal Business
20 Coal Business Effective cash cost optimization enabled us to preserve margins during a downturn in coal prices The coal market has continued on its downward trajectory as TBS Coal Operational Metrics demand softened globally especially in China and India Coal Mining Unit FY2024 FY2025 FY2024 NEWC
Slide 21: Plantation
21 Plantation In 2025 our total Fresh Fruit Bunches (FFB) processed increased +6.8% YoY, supporting +3.9% CPO growth 2025 2024 %YoY 2025 Indonesian CPO price (IDR mn/ton) Avg. Indonesian CPO Price in 2025 (IDR mn/ton) FFB Internal 8,599 ton 8,379 ton +2.6% +2.9% FFB Processed 34,411 ton1 32,218 ton
Slide 22: Thank You
For more information, please contact: Investor Relations ir@thisistbs.com Thank You