Surabaya, October 23, 2025 – PT Avia Avian Tbk (“AVIA”), a leader in the decorative paint market in Indonesia, proudly announced the company's inclusion in the Fortune Southeast Asia 500 list for 2025. This list ranks the 500 largest companies in seven Southeast Asian countries based on financial performance for the 2024 fiscal year. Collectively, the companies on the list recorded total revenue of USD 1.82 trillion.
This achievement marks two consecutive years that AVIA has received recognition from Fortune, which also reflects the Company's ability to maintain positive performance amidst ongoing economic challenges. In 2024, AVIA recorded total revenue of Rp 7.5 trillion, equivalent to USD 471 million, with a net profit margin of 22.3%. In the same period, the Company's total assets were recorded at USD 687 million.
These financial achievements are supported by more than 9,000 highly dedicated employees, as well as an integrated operational ecosystem from upstream to downstream. Currently, AVIA is supported by 144 distribution centers serving more than 59,000 building material stores throughout Indonesia.
Amidst local and global economic fluctuations, AVIA consistently implements growth strategies aimed at strengthening market share. The Company prioritizes long-term business investments through the expansion of distribution centers, new product innovation, and the improvement of internal operations.
This recognition strengthens the Company's commitment to continuous sustainable growth and solidifies its position as a market leader in the national decorative paint industry.
***
About PT Avia Avian Tbk
PT Avia Avian Tbk was founded in 1978 as an integrated paint manufacturing company under the name Avian Brands. For over 4 decades, Avian Brands has colored the lives of millions of Indonesian families through products such as Sunguard All in One wall paint, Supersilk Anti Noda, Avitex, No Drop waterproofing paint, and Avian wood & iron paint.
Listed on the Indonesia Stock Exchange (BEI) on December 8, 2021, with stock code (IDX: AVIA), AVIA is the largest decorative paint manufacturer and market leader in the decorative paint and coatings industry in Indonesia based on a Frost & Sullivan survey. Currently, AVIA holds approximately 24% of the decorative paint industry market share in Indonesia.
AVIA has strong manufacturing capacity through facilities in Sidoarjo and Serang and vertical integration that enables internal raw material production. AVIA's sales are divided into architectural solutions (~80%) and merchandise (~20%) segments.
Since 2020, Avian Brands has operated the Avian Innovation Center (AIC), the first research, development, and innovation center in Indonesia, spanning 5,000 square meters. As a testament to its commitment to the environment, occupational safety, and corporate governance, Avian Brands has obtained ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, and ISO 27001:2022 certifications.
Avian Brands aims to provide leading benefits and contribute to coloring Indonesia.
