PT DAHANA, a subsidiary of Holding Defend ID under the parent company PT Len Industri (Persero), held its Annual General Meeting of Shareholders (GMS) for Fiscal Year 2024 on Monday, June 30, 2025, at the Shangri-La Hotel in Jakarta.
President Director of PT DAHANA, Hary Irmawan, stated that despite the highly competitive nature of the national explosives industry, DAHANA demonstrated solid performance, reporting operating revenues of IDR 3.7 trillion in 2024.
“The challenging industrial environment does not deter us from pursuing growth and innovation. This achievement confirms that DAHANA remains a key player in Indonesia’s explosives industry. We extend our special gratitude to our parent holding company, the board of commissioners, board of directors, all employees, and consumers for their continued trust in DAHANA,” said Mr Irmawan.
Additionally, Mr Irmawan explained that DAHANA successfully achieved 88.09% of its Key Performance Indicator (KPI) target, as audited by the Public Accounting Firm Gani Sigiro & Handayani “Grant Thornton.” This result signifies a high level of effectiveness in performance management and reflects the company’s commitment to meeting business targets in a responsible and professional manner.
Moreover, this positive achievement is further highlighted by DAHANA’s ability to maintain its credit rating from the rating agency Pefindo, which currently stands at idA-/Stable (Single A Minus; Stable Outlook). This rating indicates the company’s stable financial condition and promising future business prospects.
“This rating is a testament to market confidence in DAHANA’s financial fundamentals and business prospects. We will continue to uphold corporate governance and sustainable performance. We request the support of all GMS participants as we hope for DAHANA’s continued growth and development,” Mr Irmawan added.
The GMS also discussed the strategic actions the company plans to undertake to adapt to industry dynamics and promote growth in the coming years. DAHANA is dedicated to strengthening its technological capabilities, enhancing operational efficiency, and expanding both domestic and international markets.
