PT Barito Renewables Energy (BREN) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended 30 September 2025 reached $457.4 million, up 3.7% year-over-year, with net profit attributable to owners at $106.6 million, a 23.8% increase from the prior year.

• Total assets grew to $3.84 billion as of 30 September 2025, with equity attributable to owners at $615.9 million.

• The group completed several acquisitions in the renewable energy sector, expanding its wind and geothermal portfolio.

Financial highlights

• Revenue increased to $457.4 million for the nine months ended 30 September 2025, compared to $441.3 million in the same period last year.

• Net profit for the period was $131.9 million, up from $110.7 million year-over-year.

• EBITDA and EBIT were not explicitly stated, but operating profit before tax rose to $239.4 million from $217.7 million.

• Earnings per share (EPS) rose to $0.00080 from $0.00064 year-over-year.

• Cash and cash equivalents at period end were $212.2 million, up from $162.7 million at the start of the year.

Outlook and guidance

• Management continues to focus on expanding renewable energy capacity, with ongoing development projects in geothermal and wind power.

• Several major capital projects are underway, including Salak unit 7, Wayang Windu unit 3, and wind energy expansions, with completion expected between 2025 and 2026.