ESSA Industries Indonesia is trading 5.51% up at IDR 670.00 after strong first-half 2026 results.
- Revenue rose 36% year over year, EBITDA 48%, and net profit more than doubled.
- Ammonia prices rose 70% to USD 531 per metric ton; the turnaround finished ahead of schedule.
- Analysts recommended buying above IDR 645, with resistance near IDR 685. On August 10, 2026, the Jakarta Composite opened 0.48% higher amid optimism about dovish global-central-bank policy, but ESSA’s outperformance appears primarily linked to earnings momentum and company outlook.