PGEO - 3Q25 earnings call

PGEO - 3Q25 earnings call Pertamina Geothermal Energy (PGEO) guides 2025 revenue USD424-426 mn with EBITDA margin 78-80% and net margin 33-35%, supported by production of ~4,978 GWh, rising to ~5,100 GWh in 2026 (+2.5% yoy). The company hedged 50% of its JPY exposure, capping forex losses below USD10 mn (now ~USD8-9 mn). Maintenance at Kamojang & Lahendong is completed with no 4Q25 shutdowns, while Lahendong Units 5-6 and one additional site will undergo major maintenance in 2026. (Source : Company)