MPMX Records Profit of Rp462 Billion in 2025, A Peek at the Sources of Its Earnings
PT Mitra Pinasthika Mustika Tbk (MPMX) has recorded audited financial performance for the 2025 fiscal year with consolidated revenue of Rp16.2 trillion and net profit of Rp462 billion. This achievement reflects a 19% decline in profit compared to the previous year, in line with the weakening of domestic consumption conditions and macroeconomic dynamics throughout the year.
The company stated that revenue and net profit each fell 1% and 19% year-on-year (YoY). This decline was primarily influenced by the normalisation in several business segments following a period of strong growth beforehand.
From an operational performance perspective, gross profit was recorded at Rp1.36 trillion, up 1.7%, with the gross profit margin increasing to 8.4%. However, the rise in operating expenses and the decline in profit from associate entities also pressured operating profit, which was recorded at Rp674 billion or down 2.3%.
Meanwhile, business segments showed varied performance. The distribution and retail of two-wheeled vehicles through MPMulia recorded revenue of Rp15.2 trillion or down 2% YoY, with distribution sales reaching 699,000 units. The MPMotor retail business recorded sales of 187,000 units, while the aftermarket segment grew significantly.
The MPMInsurance segment recorded revenue of Rp927.8 billion, up 1.6% YoY, with net profit surging 69.7% driven by investment results that grew 45%. The MPMRent rental segment maintained stability with a fleet utilisation rate of 92% from around 15,000 units.
Meanwhile, AUKSI recorded used car sales of 4,000 units or up 6% YoY, and Jaccs MPM Finance Indonesia still recorded a loss of Rp437 billion, though improved by 53% compared to the previous period.
Group Chief Executive Officer of MPMX, Suwito Mawarwati, stated that 2025 was a period full of challenges. “Overall, 2025 was a dynamic and challenging year operationally, with financial performance below the achievements of 2024,” she said as quoted from a press release on Wednesday, 1 April 2026.
“We see market dynamics influenced by various macroeconomic factors, including pressure on people’s purchasing power, interest rates that are still relatively high, and moderation in domestic consumption growth,” she explained.
These conditions, she continued, are reflected in the slowing growth in several sectors related to consumption, including the two-wheeled automotive industry and consumer financing.