BSDE Reports Decline in Q3 2025 Performance Amid Market Challenges

Financial Highlights

PT Bumi Serpong Damai Tbk (BSDE) experienced a significant decline in its Q3 2025 financial performance, with revenue dropping by 35.7% QoQ to Rp 2.4 trillion. This decline was primarily attributed to reduced project revenue recognition and weak consumer demand. For the nine-month period, BSDE's revenue reached Rp 8.8 trillion, representing a 13.0% YoY decrease. Consequently, the company's net profit attributable to the parent entity declined by 49.53% YoY to Rp 1.36 trillion compared to Rp 2.70 trillion in Q3 2024.

Business Outlook

Despite the current challenges, BSDE's outlook remains positive for the remainder of 2025 and into 2026. The company is expected to benefit from several factors, including project handovers in Q4 2025 and robust marketing sales. Additionally, the ongoing development of new township infrastructure is anticipated to support future growth.

Market Implications

The decline in BSDE's financial performance reflects broader market challenges, particularly in the property sector where consumer demand has weakened. However, the company's strategic focus on upcoming projects and infrastructure development positions it well for potential recovery as market conditions improve.