Key insights and market outlook
PT Agung Podomoro Land Tbk (APLN) reported Rp 2.64 trillion in revenue for the first nine months of 2025, a 4.7% decrease from the same period last year. Despite this, the company saw a 1.2% increase in sales recognition to Rp 1.65 trillion. The company's recurring revenue, primarily from hotels and malls, was Rp 988.8 billion, down 13.3% year-on-year. However, APLN managed to reduce interest expenses by 38% to Rp 311.37 billion. The company recorded a comprehensive profit of Rp 28.21 billion for the period.
PT Agung Podomoro Land Tbk (APLN) has reported a total revenue of Rp 2.64 trillion for the first nine months of 2025, representing a decrease of 4.7% compared to Rp 2.77 trillion in the same period last year. Despite the overall revenue decline, the company achieved a slight increase in sales recognition, with sales rising 1.2% to Rp 1.65 trillion from Rp 1.63 trillion in Q3 2024.
The company's recurring revenue, primarily generated from its hotel and mall operations, amounted to Rp 988.8 billion. This represents a decrease of 13.3% compared to Rp 1.14 trillion in the same period last year. The decline was attributed to the sale of Pullman Ciawi Vimala Hills hotel in late 2024, which affected the company's revenue from hotel operations.
Despite the challenges, APLN managed to achieve a significant reduction in interest expenses. The company's interest expenses decreased by nearly 38% to Rp 311.37 billion in Q3 2025. This reduction in financial costs contributed positively to the company's overall financial performance.
For the nine-month period ending Q3 2025, Agung Podomoro Land recorded a comprehensive income of Rp 28.21 billion. This financial result demonstrates the company's ability to navigate challenging market conditions while maintaining profitability.
Q3 2025 Earnings Report
Revenue Decline
Interest Expense Reduction