PT Lippo Karawaci Tbk (LPKR) investor relations material

Executive summary

• Total revenue for 1H26 was IDR 3.61tn, down 12% year-over-year, mainly due to timing and mix of handovers.

• Profit for the period rose to IDR 443.12bn from IDR 202.46bn year-over-year, with underlying NPAT at IDR 478bn and reported NPAT at IDR 385bn, both showing significant YoY growth.

• EBITDA increased 20% YoY to IDR 754bn, with margin improving to 21% from 15% in 1H25.

• Total assets as of June 30, 2026, stood at IDR 49.22tn, nearly unchanged from year-end 2025.

• The group operates in three main segments: Hold Co, Real Estate Development, and Lifestyle.

Financial highlights

• Gross profit rose 8% YoY to IDR 1.61tn, despite a 12% decline in total revenue.

• Operating profit increased 27% YoY to IDR 509bn.

• Basic earnings per share increased to IDR 5.44 from IDR 1.95 year-over-year.

• Cash at end of 1H26 was IDR 1,412bn, down from IDR 1,956bn at the start of the period.

• Net cash used in operating activities was IDR 279.3bn, compared to IDR 894.3bn in the prior year.

Outlook and guidance

• Marketing sales in 1H26 reached 62% of the FY26 target, indicating strong demand in affordable and mid-market housing.

• Continued focus on operational efficiency, disciplined expansion, and sustainable cash flow generation.

• Management continues to focus on maintaining optimal capital structure and maximizing shareholder value.

• No dividends were distributed for the year ended December 31, 2025, with a reserve fund allocation of IDR 1bn.

• The company is monitoring the impact of new accounting standards effective from 2027.