Indonesian Political, Business & Finance News

Profit of Indonesia's Richest Listed Company (BYAN) Reaches US$784.05 Million

| Source: CNBC Translated from Indonesian | Business
Profit of Indonesia's Richest Listed Company (BYAN) Reaches US$784.05 Million
Image: CNBC

Jakarta, CNBC Indonesia – The issuer owned by Indonesia’s wealthiest person, Dato Low Tuck Kwong, PT Bayan Resources Tbk (BYAN), reported a net profit of US$784.05 million for 2025, down 16.88 percent from the same period last year at US$943.37 million. Meanwhile, basic and diluted earnings per share fell slightly to US$0.023 from US$0.028. Revenue stood at US$3.2 billion, a 0.58 percent decline from last year’s US$3.44 billion. Cost of revenue US$2.32 billion, up from US$2.11 billion at the end of the previous year. The company’s gross profit reached US$1.1 billion, down from US$1.33 billion in the previous year. On the other hand, selling expenses US$31.12 million, down from US$38.79 million. General and administrative expenses US$72.8 million, down from US$81.26 million. Finance costs US$8.69 million, down from US$17.83 million. Finance income US$27.95 million, up slightly from US$27.8 million. Other expenses US$9.6 million, down from US$17.17 million. Accumulated equity stood at US$2.69 billion, a significant increase from the end of 2024’s US$2.31 billion. Total liabilities US$680.46 million, trimmed radically from US$1.2 billion. Total assets US$3.37 billion, down from end-2024 US$3.52 billion.

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