PT Alam Sutera Realty (ASRI) investor relations material

Executive summary

• Revenue for the six months ended 30 June 2026 reached Rp 1.32 trillion, up 18.3% year-over-year, driven by higher real estate and recurring income streams.

• Net profit attributable to owners was Rp 12.77 billion, down from Rp 41.64 billion in the prior year period, reflecting higher operating and financial expenses.

• Gross profit margin declined to 45% from 55% year-over-year due to increased cost of sales and higher hospitality and infrastructure expenses.

• Cash and cash equivalents decreased to Rp 880.1 billion from Rp 1.18 trillion at year-end 2025, reflecting significant debt repayments and capital expenditures.

Financial highlights

• Revenue: Rp 1.32 trillion (up from Rp 1.12 trillion year-over-year).

• Gross profit: Rp 594.0 billion (down from Rp 611.3 billion year-over-year).

• Net profit: Rp 13.44 billion (down from Rp 43.86 billion year-over-year).

• Basic EPS: Rp 0.65 (down from Rp 2.12 year-over-year).

• Total assets: Rp 23.27 trillion (up from Rp 23.16 trillion at year-end 2025).

• Total liabilities: Rp 11.64 trillion (up from Rp 11.50 trillion at year-end 2025).

• Total equity: Rp 11.64 trillion (down slightly from Rp 11.65 trillion at year-end 2025).

Outlook and guidance

• Management continues to focus on capital structure optimization, cost control, and project execution.

• Ongoing development in key real estate projects and recurring income streams are expected to support future growth.

• The company is monitoring market conditions and maintaining prudent liquidity management.