Le tree (E6R) H2 2025 earnings summary
Event summary combining transcript, slides, and related documents.
H2 2025 earnings summary
1 Nov, 2026Executive summary
FY2025 marked a fundamental shift from timber manufacturing to an asset-light beauty and wellness platform, following the disposal of the legacy manufacturing subsidiaries on 27 March 2025.
The reported Rp2,112,472 million total profit mainly reflected a Rp2,407,946 million gain on disposal; continuing operations remained loss-making.
Timber-product trading began in Q2 2025, but the transition remains at an early stage; the new beauty and wellness business is expected to commence in May 2026.
Financial highlights
Total revenue was Rp769,093 million in FY2025: Rp283,025 million from continuing operations and Rp486,068 million from discontinued operations; FY2024 revenue was Rp2,075,267 million.
Continuing-operations revenue of Rp283,025 million was mainly from North America, Rp151,036 million, and Southeast Asia, Rp131,989 million.
Total profit was Rp2,112,472 million versus a Rp1,103,290 million loss in FY2024; discontinued operations contributed Rp2,114,001 million, including the disposal gain.
Continuing-operations loss narrowed to Rp1,529 million from Rp15,642 million in FY2024; gross profit was Rp7,590 million.
General and administrative expenses decreased 29% YoY, mainly on lower professional fees; total gross loss narrowed to Rp54 million in the financial highlights.
Outlook and guidance
Priorities are building a China–Southeast Asia platform, strengthening the team and governance, and expanding gradually through partners, distributors and brands rather than large upfront capital commitments.
The planned beauty and wellness business spans personal care, products, treatments, retail outlets, e-commerce, brand management and franchising; operations are expected to start in May 2026.
Management forecasts adequate liquidity for at least 15 months after year-end and expects to pursue fundraising to finance the new core business.
A Malaysian subsidiary was incorporated in February 2026 with RM300,000 paid-up capital to pursue investment holding, e-commerce and personal-care trading activities.
