Jasuindo (JTPE) Eyes Long Term Growth with IDR 100B Capex Plan

Jakartaweekly.com – PT Jasuindo Tiga Perkasa Tbk (JTPE:IJ), a Company engages in providing digital security products and integrated security printing services, covering identity, payment, brand protection, and commercial printing, continues to accelerate its diversification efforts by relying on RFID-based products and expanding its global market reach. This move also strengthens the company’s portfolio in the brand protection segment, which is now one of the complementary lines of the Company’s security business.

While the identity and payment card segments remain as the main revenue generators of the security line, JTPE is aggressively developing their brand protection segment. The main driver for this move is the projected long-term demand growth, especially as this segment offers higher margins than identity and payment card products.

As part of strengthening its brand protection segment, JTPE has increased its production capacity for security packaging and labels. The company has also strengthened its RFID product line by forming a joint venture with a strategic partner from Hong Kong for the development of RFID components.

“With the various initiatives we are implementing, we are optimistic that we can maintain solid sales growth. Our focus is on high-tech products and value-added solutions, which we believe will be the main drivers of the Company’s performance going forward,” said JTPE President Director, Allan Wibisono Oei.

As of the Company’s latest financial report for the the third quarter of 2025, the largest contribution to JTPE’s total sales currently continues to come from the domestic market. Meanwhile, the global market is experiencing steady growth and has become a key focus of JTPE’s forward-looking development strategy. To strengthen this momentum, the Company is focused on expanding its network of export destination countries as part of its market diversification strategy. In addition, the joint venture collaboration in developing RFID components with a strategic partner from Hong Kong is expected to open access to broader international market opportunities, while enhancing JTPE’s penetration and competitiveness in the global market.

In line with the Company’s ongoing focus on diversification and expansion, JTPE is also implementing efficiency measures in its production lines. To support optimization and productivity improvements, the company has allocated capital expenditure (capex) of IDR100 billion this year. The majority of the funds will be used for machine maintenance and the purchase of new machines.

With this series of strategic steps, JTPE management is optimistic that it can maintain solid sales growth amid global market dynamics.