PT Mayora Indah Tbk (MYOR) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended June 30, 2025 reached Rp 17.80 trillion, up 9.7% year-over-year, with profit for the period at Rp 1.19 trillion, down from Rp 1.75 trillion in the prior year.

• Gross profit margin declined to 21.2% from 25.8% year-over-year, reflecting higher cost of goods sold.

• Cash and cash equivalents increased to Rp 5.19 trillion as of June 30, 2025, from Rp 4.60 trillion at year-end 2024.

• Total assets rose to Rp 30.24 trillion, while total equity stood at Rp 16.92 trillion as of June 30, 2025.

Financial highlights

• Net sales grew 9.7% year-over-year to Rp 17.80 trillion for the six months ended June 30, 2025.

• Net income attributable to owners was Rp 1.17 trillion, down 32% year-over-year.

• Operating profit fell 23.4% year-over-year to Rp 1.54 trillion.

• Basic earnings per share for the period was Rp 52, compared to Rp 77 in the prior year.

• Total borrowings increased to Rp 8.25 trillion, with a net debt to equity ratio of 19.57%.

Outlook and guidance

• Management aims to maintain a healthy capital structure and gearing ratio in line with industry peers.

• No specific forward-looking financial guidance was provided.