DENPASAR, BALINEWS.ID – PT Hatten Bali Tbk (IDX: WINE), Indonesia’s only publicly listed wine producer, has outlined an ambitious expansion strategy for 2026 following its Annual General Meeting of Shareholders (AGMS) and Public Expose held at Inna Sindhu Beach Hotel Sanur, Denpasar.
The company reported solid financial performance for the 2025 fiscal year, posting revenue of Rp286 billion and net profit of Rp40 billion despite a more challenging business environment. The recovery of Indonesia’s tourism industry, particularly in Bali, continued to support demand for the company’s products.
According to management, Bali remains the backbone of the business, benefiting from strong international tourist arrivals. Government data shows Indonesia welcomed approximately 15.38 million foreign visitors in 2025, with Bali accounting for nearly 6.94 million arrivals, representing more than 45 percent of the country’s total international tourist traffic.
Looking ahead, the Ministry of Tourism expects international arrivals to reach between 16 million and 17.6 million visitors nationwide in 2026. PT Hatten Bali believes the positive tourism outlook will continue to support demand from the hospitality sector, particularly its hotel, restaurant, and café (HoReCa) segment, which contributed 54 percent of total revenue last year.
The company also enters 2026 from a position of financial strength. As of December 31, 2025, total equity stood at Rp338 billion, while its debt-to-equity ratio improved to 34 percent and its current ratio remained strong at 255 percent.
To capitalize on growth opportunities, management is targeting approximately 5 percent revenue growth this year through a combination of geographic expansion, product innovation, and stronger customer engagement.
One of the company’s key initiatives is the opening of its first Cellardoor in Jakarta, scheduled to begin operations by the end of June 2026. The facility will mark Hatten Wines’ first direct-to-consumer branded outlet outside Bali and is expected to increase brand visibility in Indonesia’s largest consumer market.
PT Hatten Bali is also preparing to introduce several new premium labels, including Avara and Ekko. Both products have already earned international recognition, receiving awards at the AWC Vienna 2025 competition before their official commercial launch.
Management believes the new products will strengthen the company’s premium wine portfolio while attracting a broader range of consumers.
Meanwhile, the company continues to expand its distribution network across Indonesia. Currently, Hatten Wines supplies more than 1,500 restaurants, over 900 hotels, hundreds of retail outlets, and an expanding network of sub-distributors nationwide.
During the AGMS, shareholders approved all resolutions proposed by management, including the ratification of the company’s 2025 Annual Report and Financial Statements, the allocation of net profit, remuneration for the Board of Commissioners and Board of Directors, and the appointment of an independent auditor for the 2026 financial year.
The company also announced a cash dividend of Rp9.485 billion, equivalent to Rp3.5 per share. The dividend represents 24 percent of distributable net profit attributable to shareholders, while the remaining 76 percent will be retained to support future business development.
Based on WINE’s closing share price of Rp146, the dividend offers an estimated yield of approximately 2.4 percent.
President Director Ida Bagus Rai Budarsa said the company is entering a new phase of growth after more than three decades of building Indonesia’s wine industry.
“Through the launch of new premium brands, the opening of our Jakarta Cellardoor, and the continued expansion of our distribution network, we are bringing Indonesian wine closer to consumers across the country while strengthening the foundations of our business for the long term,” he said.
Budarsa added that the company’s healthy balance sheet, growing brand recognition, and positive outlook for tourism and premium beverage consumption provide confidence for sustainable growth in the years ahead. (*)
