Pakuwon Jati Tbk (PWON) Q1 2026 earnings summary

Executive summary

• Consolidated revenue for Q1 2026 reached Rp 1.65 trillion, up 5.8% year-over-year from Rp 1.56 trillion in Q1 2025.

• Net profit for the period was Rp 511.6 billion, a 28.8% increase from Rp 397.3 billion in Q1 2025.

• Growth was driven by higher recurring income from malls, offices, and hotels, as well as improved property sales.

• Total assets as of March 31, 2026, stood at Rp 36.95 trillion, up from Rp 36.47 trillion at year-end 2025.

Financial highlights

• Gross profit rose to Rp 941.1 billion, up 9.8% year-over-year.

• Operating profit before tax increased to Rp 512.7 billion, up from Rp 398.2 billion in Q1 2025.

• Basic earnings per share for Q1 2026 was Rp 8.10, compared to Rp 6.26 in Q1 2025.

• Cash and cash equivalents at quarter-end were Rp 5.11 trillion.

• Total equity increased to Rp 26.95 trillion from Rp 26.62 trillion at year-end 2025.

Outlook and guidance

• Management expects continued growth in recurring income from malls, offices, and hotels.

• Ongoing development projects in Surabaya, Jakarta, and Bekasi are expected to support future revenue.

• No significant changes in business strategy or capital structure anticipated.