Lippo Karawaci (LPKR) Records Net Profit of Rp 107 Billion in Q1-2026

JAKARTA - PT Lippo Karawaci Tbk (LPKR) recorded positive performance in the first quarter of 2026. The company booked revenue of Rp 1.80 trillion. This achievement drove a net profit of Rp 107 billion. EBITDA was recorded at Rp 337 billion. Cash flow from operating activities rose 20% year-on-year to Rp 499 billion. The increase was driven by customer receipts. The cash position at the end of the period reached Rp 1.62 trillion. The real estate segment recorded pre-sales of Rp 1.95 trillion. This figure is equivalent to 32% of the annual target. Performance was driven by demand for landed houses in various regions. This segment covers affordable to premium classes. LPKR CEO John Riady assessed that the sales trend is continuing. “We are pleased with the ongoing momentum in our real estate sales, with pre-sales reaching Rp 1.95 trillion or equivalent to 32% of the annual target,” said John Riady in a press statement on Monday (4/5/2026). The achievement was supported by the launch of Park Serpong Phase 7 and Neo 5ense Collection in Cikarang. These projects target the mass to middle segments. Residential sales at the holding level reached Rp 1.22 trillion. Commercial unit sales were recorded at Rp 156 billion. Land plot sales amounted to Rp 30 billion. Cemetery land sales at San Diego Hills reached Rp 33 billion. The launch of new products in Park Serpong Phase 7 also boosted sales. The products include Goldtops, Gold, Silver, Bronze, Urban, and Treetops. Performance in this segment held firm amid demand pressures. Operational efficiency served as a support. The average hotel room rate was recorded at Rp 639,000. The number of mall visitors rose 6% year-on-year to 11.5 million per month. “Demand remains concentrated on landed houses, particularly products in the affordable and middle segments, which are the main focus of our strategy. We will continue to focus on execution across all our township projects, while maintaining a prudent approach to capital and operational management,” he explained.