Darma Henwa is trading 5% up at IDR 462 after coverage highlighted its new Sebuku Sejaka Coal mining-services contract.
- The five-year agreement is estimated at IDR 22 trillion, began operations in August 2026, and supports expansion beyond existing customers.
- Darma Henwa plans IDR 2.4 trillion of 2026 capital expenditure, including additional spending for Sebuku.
- The broader market was risk-off on September 1, 2026, making the company-specific contract catalyst the stronger explanation.