PT BISI International (BISI) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 reached Rp317,393 million, up 19% year-over-year from Rp266,828 million, with gross profit at Rp142,438 million, slightly above last year.

• Net income attributable to owners was Rp29,671 million, down from Rp40,333 million in Q1 2024, with EPS at Rp10 versus Rp13 last year.

• Cash and cash equivalents increased to Rp646,852 million as of March 31, 2025, from Rp567,673 million at year-end 2024.

Financial highlights

• Operating profit for Q1 2025 was Rp31,854 million, a decrease from Rp40,362 million in Q1 2024.

• Gross margin was 44.9% in Q1 2025, compared to 52.8% in Q1 2024.

• Total assets stood at Rp3,633,199 million, with total equity at Rp3,420,155 million and total liabilities at Rp213,044 million as of March 31, 2025.

• Net cash from operating activities was Rp99,439 million, down from Rp127,037 million in Q1 2024.

Outlook and guidance

• Management continues to focus on research and development and advanced agricultural technology to address industry challenges and maintain high product quality.

• The company aims to maintain a healthy capital structure, with a debt-to-equity ratio target of not more than 2.5x; actual ratio remains at 0.00 as of March 31, 2025.