Mall and Property Business, PWON Profit Reaches Rp1 Trillion in the H1 2025

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Nabilah Muhamad 31/07/2025 17:50 WIB

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Property developer PT Pakuwon Jati Tbk (PWON) recorded a net profit of Rp1.14 trillion in the first half of 2025. This achievement represents a 34.23% year-on-year (yoy) growth from the first half of

PT Pakuwon Jati Tbk (PWON) Revenue and Net Profit for the First Half (2024-2025)

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Mall and Property Business, PWON Profit Reaches Rp1 Trillion in the H1 2025

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PT Pakuwon Jati Tbk (PWON) Revenue and Net Profit for the First Half (2024-2025)

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PT Pakuwon Jati Tbk (PWON) is a property developer and manager encompassing residential, apartment, mall, office, hospitality, and integrated/superblock developments.

Its property portfolio is spread across Surabaya, Jakarta, Bekasi, Yogyakarta, Solo, Bali, Semarang, and Batam.

In the first half of 2025, PWON recorded a net profit attributable to the parent entity of Rp1.14 trillion, a 34.23% year-on-year (yoy) increase compared to the first half of the previous year.

This growth was partly driven by a 3.44% yoy increase in revenue to Rp3.37 trillion.

In the first half of 2025, PWON's revenue from the office and serviced apartment segment reached Rp2.13 trillion, the real estate segment Rp679.12 billion, and the hospitality segment Rp581.50 billion.

PWON's Director and Corporate Secretary, Minarto Basuki, also revealed that recurring revenue reached Rp2.69 trillion in the first half of 2025.

This achievement includes mall retail revenue of Rp1.93 trillion, office rentals of Rp147 billion, and hospitality revenue of Rp618 billion.

"Revenue per segment is divided into revenue from: retail leasing 57%, hotels and serviced apartments 18%, office leasing 4%, condominium sales 12%, landed house sales 8%, and office sales 1%," said Minarto in a press release on Wednesday, July 30, 2025.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."