LPKR Achieves Rp2.47 Trillion in Pre-Sales, Reaching 40% of Full-Year Target

Jakarta, August 18, 2025 – PT Lippo Karawaci Tbk (LPKR), Indonesia’s leading integrated real estate and healthcare services platform, today announced its financial results for the first half of 2025.Despite ongoing macroeconomic challenges and subdued consumer purchasing power, LPKR demonstrated strong financial resilience by maintaining a net profit after tax (NPAT) of Rp138 billion. More importantly, the Company’s underlying NPAT increased by 36% to Rp208 billion, reflecting a significant improvement in profitability.

This performance underscores LPKR’s continued focus on strengthening its core property and lifestyle businesses, implementing operational efficiencies, and maintaining disciplined financial management—particularly through effective cost control and sustained deleveraging efforts. On a statutory basis, the Company reported revenue of Rp4.12 trillion, EBITDA of Rp627 billion, and NPAT of Rp138 billion, supported by timely project handovers and lower interest expenses. LPKR ended the period with a robust liquidity position, increasing cash balances to Rp6.5 trillion, up from Rp1.6 trillion in the prior year, reflecting effective cash management.

In the property segment, LPKR recorded pre-sales of Rp2.47 trillion in the first half of 2025, representing 40% of the full-year target. This performance was driven by sustained demand for both affordable and premium landed homes across multiple regions, which accounted for 67% of total pre-sales, reflecting strong interest from first-time homebuyers and end-users.

This achievement was further supported by the launch of Park Serpong Phase 4 and the introduction of new premium products, namely Belmont Homes and Bentley Homes Lippo Karawaci (Holdco), residential sales contributed Rp1.25 trillion, commercial unit sales Rp274 billion, land plot sales Rp41 billion, and burial plot sales at San Diego Hills totaled Rp62 billion. Sales momentum was further bolstered by premium products Belmont Homes and Bentley Homes located in the heart of Lippo Village.

Subsidiary PT Lippo Cikarang Tbk (LPCK) reported pre-sales of Rp791 billion, with landed houses and shophouses contributing more than 92% of total sales. Projects such as XYZ Livin and Cendana Spark North continued to attract strong buyer interest. The Company also launched a new premium series, The Allegra @ Casa de Lago, priced from Rp2.14 billion for a 112 sqm land plot with a 138.5 sqm building.

LPKR’s lifestyle segment delivered solid performance in the first half of 2025, with stable revenue of Rp659 billion. Gross profit increased 13% to Rp493 billion, while EBITDA rose 41% year-on-year to Rp213 billion, supported by higher rental income, continued operational recovery, and cost optimization initiatives.

Operationally, average hotel room rates increased 5% year-on-year to Rp636,000, while mall footfall remained stable at over 11 million visitors per month, reflecting the continued momentum of the retail recovery.John Riady, CEO of the Lippo Indonesia Group, stated: “Our pre-sales and financial performance in the first half of 2025 were supported by timely handovers of various products across multiple regions. Our affordable housing strategy, complemented by premium offerings, has driven strong pre-sales performance. Notably, the Company’s deleveraging initiatives have also significantly strengthened our capital structure.”

About PT Lippo Karawaci Tbk

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk (“LPKR”) is a leading real estate and healthcare services platform in Indonesia, with a presence in 26 provinces and 56 cities, and total assets of Rp53.7 trillion as of December 31, 2024. The Company’s core businesses include real estate development, township management, healthcare services, lifestyle retail malls, and hospitality

As a leading real estate developer and township operator with 1,362 hectares of ready-to-develop land, LPKR develops and manages urban developments primarily in Java and Sulawesi, including its flagship Lippo Village in Tangerang. Through two listed subsidiaries—PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk—in which the Company holds 90.65% and 62.69% ownership stakes respectively, LPKR also develops and manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

In addition, LPKR holds 29.09% ownership in PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, comprising 41 hospitals and 73 clinics across 23 provinces. Beyond healthcare, the Company manages 59 malls nationwide and holds a 47.29% stake in Lippo Malls Indonesia Retail Trust, a Singapore-listed REIT with assets under management of SGD 1.6 billion as of December 31, 2024. The Company also operates 10 Aryaduta-branded hotels, as well as country clubs and golf courses.