Seaweed Trading Results Second Highest Monthly Performance
Released
Released
Announcement PDF
BPH GLOBAL LTD
29 January 2026
Eighth Month Seaweed Trading Results – Second Highest Monthly
Performance and Continued Strategic Execution
Highlights
• Gross sales of A$386,404.45 (IDR 4,519,000,000) for the eighth trading period (15 December
2025 – 14 January 2026).
• Second highest monthly trading result achieved to date, behind the record Month 6 result of
A$551,627.
• Aggregate gross sales of approximately A$2.15 million (IDR 25.1 billion) generated over the
Company’s first eight months of trading operations.
• Only approximately A$37,000 (IDR 434,000,000) of sales were made pursuant to the
Company’s Sales Cooperation Agreement with PT Kebula Raya Bestari.
• Result reflects continued execution of the Company’s strategy to expand independent trading
operations through its Makassar warehouse platform.
• Underlying demand for Indonesian seaweed products remains strong, supporting the
Company’s growth strategy for 2026.
Results Overview
The Board of BPH Global Ltd (ASX: BP8) advises that it has recorded gross sales of A$386,404.45 (IDR
4,519,000,000) for the eighth trading period from 15 December 2025 to 14 January 2026. This
represents the Company’s second highest monthly trading performance since commencement of its
seaweed sales operations in May 2025, exceeded only by the record Month 6 result of A$551,627
(IDR 5,930,000,000).
The strong Month 8 outcome provides further vindication of the Company’s growth strategy as it
continues to scale its Indonesia-based seaweed trading business. Aggregate gross sales generated
over the Company’s first eight months of trading are now approximately A$2.15 million (IDR 25.1
billion).
Operational Mix – Continued Shift Toward Independent Sales
BPH’s Indonesian subsidiary, PT BPH Global Indonesia, continues to advance its strategy of
increasing the proportion of sales conducted independently through its Makassar-based warehouse
and operating platform.
During the eighth trading period:
• Only approximately A$37,000 (IDR 434,000,000) in sales were completed under the
Company’s Sales Cooperation Agreement with PT Kebula Raya Bestari.
• The balance of sales was generated through the Company’s independent sourcing,
processing, and distribution operations.
This represents a further material manifestation of the Company’s stated commercial strategy, first
outlined in the Month 4 and Month 5 announcements, to build a scalable and increasingly self-
directed operating footprint in Indonesia.
Monthly Sales Performance Summary
The table below summarises the Company’s gross sales performance since commencement of
trading operations:
Sales Period Gross Sales Operating Milestone
Month 1
15 May-14 June
A$ 150,646
(IDR 1,690,000,000)
Initial trading period – Operations via the agreement
with PT Kebula Raya Bestari
Month 2
15 June-14 July
A$ 177,316
(IDR 1,987,000,000)
Domestic sales via Kebula
Month 3
15 July-14 August
A$ 267,530
(IDR 3,050,000,000)
First international sale to BLG (China)
Month 4
15 August-14
September
A$ 222,656
(IDR 2,449,000,000)
Makassar warehouse operational – Operated by BPH
Global Indonesia
Month 5
15 September-14
October
A$ 226,947
(IDR 2,499,000,000)
Export licence granted – independent sales
commenced
Month 6
15 October-14
November
A$ 551,627
(IDR 5,930,000,000)
Record sales: sales via direct and Kebula channels.
Month 7
15 November –
14 December
A$ 171,136
(IDR 1,882,500,000)
Seasonal impact – rainy season conditions
Month 8
15 December –
14 January
A$ 386,404.45
(IDR 4,519,000,000)
Second highest monthly result – increased
independent operations
Total (7 months)
A$2,154,000
IDR 25,100,000,000
Establishment through scale-up phases
(Totals rounded for presentation purposes).
Managing Director Commentary
Managing Director Matthew Leonard commented:
“This month’s result represents our second highest trading performance to date and provides
further validation of the Company’s strategy to scale a sustainable seaweed trading platform in
Indonesia.
Importantly, the vast majority of sales were achieved through our independent operations out of
Makassar, demonstrating the growing capability of our in-country infrastructure and team. We
remain focused on continuing this momentum into 2026 as we expand volumes, strengthen supply
networks, and progress further export opportunities.”
Outlook
BPH Global remains focused on long-term growth and value creation through the continued scaling
of its Indonesian seaweed operations.
Management’s priorities remain:
• expanding independent trading volumes through Makassar;
• strengthening supply chain resilience and sourcing networks;
• deepening domestic and international customer relationships; and
• progressing export readiness under the Company’s Indonesian Seaweed Export Licence.
The Company will continue to provide monthly updates on sales volumes from its Indonesia-based
seaweed operations.
This announcement has been authorised by the Board.
- END -
For further information, please visit our website at www.bphglobal.com or contact the Company
Secretary on 03 9088 2049.
BPH GLOBAL LTD
ACN 009 104 330
Suite 324, 96 Elizabeth Street Melbourne VIC 3000
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