PT Barito Pacific (BRPT) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025 reached US$5.56 billion, up from US$1.68 billion year-over-year, driven by significant inorganic growth and acquisitions.

• Net profit for the period surged to US$1.82 billion from US$60.9 million year-over-year, reflecting strong operational performance and one-time gains.

• Total assets increased to US$16.01 billion as of September 30, 2025, compared to US$10.53 billion at December 31, 2024, reflecting major acquisitions and capital investments.

• The group completed several strategic acquisitions, including a major petrochemical asset and wind energy operations, strengthening its position in both sectors.

Financial highlights

• Gross profit for the nine months was US$172.7 million, down from US$381.6 million year-over-year, as cost of revenues rose sharply.

• Operating income was US$21.5 million, compared to US$245.2 million in the prior year, impacted by higher expenses and integration costs.

• EBITDA and EBIT margins declined due to increased cost of goods sold and higher finance costs.

• Earnings per share for the period were US$0.00621, up from US$0.00029 year-over-year.

• Cash and cash equivalents rose to US$2.97 billion from US$1.61 billion at year-end 2024, reflecting strong cash flow from financing activities.

Outlook and guidance

• Management expects continued volatility in the petrochemical sector due to global oversupply and weak demand, especially in China.

• The group will prioritize sustainability, digital transformation, and proactive capital management to navigate industry headwinds.

• Ongoing expansion in renewable energy and infrastructure projects is expected to support long-term growth.