APLN Reports 2025 Revenue of Rp 3.57 Trillion, Supported by Residential Home Sales

JAKARTA — PT Agung Podomoro Land Tbk (APLN) has officially released its 2025 financial performance report, demonstrating the resilience of the company’s fundamental operations.

The listed company recorded total sales and operating revenue of Rp 3.57 trillion, a figure representing the combination of property unit sales (development income) and commercial asset management (recurring income).

APLN’s 2025 revenue was dominated by sales recognition of Rp 2.21 trillion.

Residential housing remained the primary cornerstone with a contribution of Rp 1.06 trillion. Additionally, the vertical segment contributed Rp 588.18 billion through apartment sales, followed by land sales of Rp 247.18 billion and shophouses valued at Rp 243.49 billion.

On the other hand, the recurring income pillar demonstrated solid performance at Rp 1.36 trillion.

This revenue stems from hospitality business operations and leasing of iconic shopping centres such as Senayan City, Central Park Mall, and DeliPark Mall in Medan.

Examining the gross profit line, APLN recorded Rp 1.47 trillion. Cumulatively, this figure is indeed lower compared to the previous year’s achievement of Rp 2.44 trillion. However, this decline requires critical and objective interpretation.

The correction in gross profit resulted from a high base effect in 2024, when the company undertook a corporate action involving the sale of a strategic hotel asset, the Pullman Ciawi Vimala Hills Resort Spa & Convention.

Without such major asset disposal transactions as occurred in the previous year, the decline in gross profit in 2025 actually reflects a more organic normalisation of operational revenue.

Going forward, management will be more selective and adaptive in launching new projects, with a focus on integrated development (mixed-use development) that offers added value to consumers.

The company’s confidence is driven by data showing that demand for housing in the middle-income segment remains a market niche that is “resilient” to economic shocks.

“We see that the demand for housing in the middle-income segment remains high. Therefore, the company will continue to adapt to consumer needs and ensure that each project is able to deliver continuously increasing value,” concluded Justini.