PT Charoen Pokphand Indonesia (CPIN) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, reached Rp50.60 trillion, up 1.8% year-over-year.

• Net income attributable to owners rose to Rp3.37 trillion, a 41% increase year-over-year.

• Gross profit improved to Rp8.07 trillion, with gross margin rising to 15.9% from 14.0%.

• Operating profit increased 36% year-over-year to Rp4.96 trillion, with operating margin at 9.8%.

• Basic earnings per share rose to Rp205 from Rp146 in the prior year period.

Financial highlights

• Total assets as of September 30, 2025, were Rp43.72 trillion, up from Rp42.79 trillion at year-end 2024.

• Total equity increased to Rp31.90 trillion, while total liabilities decreased to Rp11.81 trillion.

• Cash and cash equivalents at period-end were Rp4.19 trillion, down from Rp4.45 trillion at year-end 2024.

• Operating cash flow for the nine months was Rp4.02 trillion, compared to Rp2.07 trillion in the prior year.

Outlook and guidance

• Management continues to monitor industry developments and aims to maintain high product quality and optimal inventory levels.

• The company targets a maximum debt-to-equity ratio of 2.0 and has complied with all loan covenants.