LPKR Records IDR 4.02 Trillion in Presales, Delivering Solid Growth Amid Economic Challenges

03/11/25

Jakarta, November 3, 2025 – PT Lippo Karawaci Tbk. (LPKR), Indonesia’s largest integrated real estate and healthcare services platform, delivered a strong performance during the first nine months of the year.The Company recorded net profit after tax (NPAT) of IDR 368 billion, with revenue reaching IDR 6.51 trillion and EBITDA of IDR 997 billion. LPKR also maintained a solid liquidity position of IDR 2.2 trillion, underscoring prudent and disciplined financial management.

As of 3Q 2025, the real estate segment achieved presales of IDR 4.02 trillion, equivalent to 64% of the full-year target. This performance was driven by robust demand for affordable and premium landed housing, which contributed 70% of total presales. These products continued to attract both first-time homebuyers and end-users seeking quality homes with strong investment value.

Two flagship developments—Park Serpong Phases 4 & 5 and Metropolis Marq Estate in Tangerang City—were the key contributors to this achievement. From a financial perspective, real estate segment revenue increased by 74% year-on-year to IDR 5.5 trillion, supported by timely unit handovers, while EBITDA reached IDR 843 billion, reflecting operational efficiency and effective project execution.

LPKR’s lifestyle business also demonstrated steady recovery. During the period, the segment recorded revenue of IDR 994 billion, with gross profit rising 8% to IDR 758 billion, and EBITDA increasing 21% to IDR 335 billion.This improvement was driven by higher mall tenant occupancy rates, optimized operating costs, and the continued recovery of the hospitality business. Average hotel room rates rose by 2% to IDR 635,000, while mall foot traffic remained stable at over 11 million visitors per month, reflecting growing consumer confidence in LPKR’s retail destinations.

“We are pleased with the solid nine-month performance, supported by timely product handovers and disciplined business strategies,” said John Riady, Group CEO of Lippo Indonesia. “Our affordable housing strategy, complemented by premium projects, has proven effective in driving sales growth while simultaneously strengthening our capital structure through sustainable debt reduction,” he added.

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 across 26 provinces and 56 cities, and total assets of IDR 53.7 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 1,337 hectares of developable land, LPKR develops and manages urban developments primarily in Java and Sulawesi, including its flagship township Lippo Village in Tangerang. Through its two listed subsidiaries—PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk, in which LPKR holds 90.65% and 57.76% ownership, respectively—the Company also develops and manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

In addition, LPKR owns 29.09% of PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, which operates 41 hospitals and 73 clinics across 23 provinces. Beyond healthcare, the Company manages 59 malls nationwide, 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, and operates 10 Aryaduta-branded hotels, as well as country clubs and golf courses.

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