Surya Semesta Internusa's Recovery Gains Momentum

Positive Developments in Q3 2025

PT Surya Semesta Internusa Tbk (SSIA) is showing clear signs of recovery in the third quarter of 2025, driven by significant developments in their Subang Smartpolitan project. The company's financial performance for the nine months ending September 2025 showed a net profit of Rp 6.5 billion, representing a significant decline of 97.2% compared to the same period last year when the profit was Rp 228.4 billion.

Key Factors Driving Recovery

1. Accelerated Construction Activity: The ongoing construction at Subang Smartpolitan has gained momentum, contributing to the company's improved performance in Q3 2025.
2. Revenue Recognition: Initial revenue recognition from the Subang Smartpolitan project has positively impacted SSIA's financials.
3. Strategic Partnerships: The involvement of major groups such as Grup Djarum and Grup Barito in the Subang Smartpolitan project is expected to drive future growth and enhance the project's prospects.

Financial Performance Analysis

While the cumulative performance for the first nine months of 2025 showed a significant decline in net profit, the rebound in Q3 indicates a positive turnaround for SSIA. The company's ability to accelerate construction and recognize revenue from its major projects is crucial for its short-term financial health.

Future Prospects

The Subang Smartpolitan project is expected to be a key growth driver for SSIA in the coming periods. With the backing of significant investors like Grup Djarum and Grup Barito, the project is likely to contribute substantially to SSIA's revenue and profitability. The market is expected to monitor SSIA's progress closely as more developments unfold.