PT Alam Sutera Realty (ASRI) Investor presentation summary

Company overview and strategy

• Leading Indonesian property developer with a large, well-located landbank supporting 15–20 years of operations.

• Evolved from a single township to multiple large-scale urban projects, diversifying revenue and customer base.

• Listed on the Indonesia Stock Exchange since 2007, with a proven track record in township development.

• Core projects include Alam Sutera and Suvarna Sutera, with expansion into new regions.

Project portfolio and development

• Main projects: Alam Sutera Township (800 ha), Suvarna Sutera Township (2,600 ha license, 900 ha phase 1), Ayodhya, and Sutera Sawangan.

• Recent launches: Sutera Rasuna (Alam Sutera 2), Elevee Residences, The Gramercy, Agra Cluster, Caksana Cluster, and Sutera Nexen.

• Commercial assets include Mall @ Alam Sutera, office towers, and Escala commercial district.

• Tourism asset: Garuda Wisnu Kencana (GWK) cultural park in Bali, with record 1.4 million visitors in 2024.

Financial performance

• 9M2025 revenue IDR 1,658 bn, down 34% YoY; gross profit IDR 750 bn, down 33%.

• EBITDA fell 41% to IDR 1,021 bn; net income dropped 50% to IDR 12 bn.

• Total assets IDR 22,699 bn; total debt IDR 6,007 bn; debt-to-equity ratio at 53%.

• Cash and cash equivalents at IDR 872 bn as of 9M2025.