PT. Gajah Tunggal Tbk (GJTL) Q2 2025 earnings summary

Executive summary

• For the six months ended June 30, 2025, total assets reached IDR 21.49 trillion, up from IDR 20.56 trillion at year-end 2024.

• Net profit for the period was IDR 450.5 billion, a decrease from IDR 577.2 billion in the same period last year.

• Comprehensive income attributable to equity holders was IDR 454.8 billion, down from IDR 663.2 billion year-over-year.

Financial highlights

• Revenue for H1 2025 was IDR 8.52 trillion, nearly flat compared to IDR 8.55 trillion in H1 2024.

• Cost of sales increased to IDR 6.93 trillion from IDR 6.63 trillion year-over-year.

• Gross profit declined to IDR 1.59 trillion from IDR 1.92 trillion year-over-year.

• Operating profit before tax was IDR 584.3 billion, down from IDR 753.7 billion in H1 2024.

• Basic earnings per share fell to 129.3 from 165.6 year-over-year.

Outlook and guidance

• The company continues to meet all financial covenants on its syndicated loans and short-term facilities.

• Management expects completion of ongoing asset construction in 2025, supporting future capacity.