# Asia Pramulia Total Liabilities Climb 21.02% to Rp 182.17 Billion at End-September

> Asia Pramulia's total liabilities rose 21.02% to Rp 182.17 billion as of September 30, 2026, driven by higher bank borrowing and trade payables.

- Published: 2026-11-07T06:00:31+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-07/asia-pramulia-liabilities-rise-182-billion
- Source: [The future of trading](https://capital.com/en-int/news/asia-pramulia-total-liabilities-rise-21-02-to-rp-182-17-billion)

## Key takeaways

- Asia Pramulia's total liabilities reached Rp 182.17 billion as of September 30, 2026, up 21.02% from Rp 150.52 billion at December 31, 2025.
- The increase of Rp 31.65 billion reflected greater bank borrowing to support operations and higher trade payables tied to increased purchases.
- Asia Pramulia listed on the Indonesia Stock Exchange under ticker ASPRA in 2023 and launched four sub-brands in 2024.

[Asia Pramulia](https://akta.pro/company-profiles/002t3el/asia-pramulia)'s total liabilities rose 21.02% to Rp 182.17 billion as of September 30, 2026, from Rp 150.52 billion on December 31, 2025, according to [The future of trading](https://capital.com/en-int/news/asia-pramulia-total-liabilities-rise-21-02-to-rp-182-17-billion). The increase of Rp 31.65 billion reflected greater bank borrowing to support operations and higher trade payables tied to increased purchases during the year.

## Asia Pramulia's Borrowing and Payables Growth

Asia Pramulia is a Surabaya-based packaging company founded in 1991 that listed on the Indonesia Stock Exchange under ticker ASPRA in 2023, according to [company records](https://akta.pro/company-data). The company's total liabilities stood at Rp 182.17 billion at the end of September 2026, up from Rp 150.52 billion at the end of 2025.

The company attributed the rise to greater bank borrowing to support operations. Higher trade payables tied to increased purchases during the year also contributed to the increase.

Asia Pramulia launched four sub-brands in 2024 extending its core packaging business: ASPRACare for CSR and sustainability, ASPRALicious for food and beverage packaging, and ASPRAGO and PHOTODUCT for services. The company also instituted a reseller and distributor program in 2024 layered on top of direct B2B sales, signaling intent to penetrate SME and tier-2/3 brand accounts and broaden geographic distribution within Indonesia.

## Asia Pramulia's Financial Position in Context

Asia Pramulia operates with a headcount in the 501-1,000 range, according to akta.pro company records. The company's revenue estimate stands at $50 million to $100 million, and its valuation estimate is also $50 million to $100 million.

The liabilities figure of Rp 182.17 billion compares with Rp 150.52 billion at December 31, 2025, a difference of Rp 31.65 billion.

## What Comes Next for Asia Pramulia

Asia Pramulia published the liabilities disclosure via the Indonesia Stock Exchange on November 7, 2026, referencing ID 32183352. The company's 2024 sub-brand launches and reseller program remain part of its stated expansion within Indonesia.

## Companies in this story

- [Asia Pramulia company profile](https://akta.pro/company-profiles/002t3el/asia-pramulia) · website: https://asiapramulia.com

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