02 May 2025
Q1-2025 Performance: KPIG Posts Revenue of Rp464.7 Billion, Net Profit of Rp60.7 Billion
Jakarta, May 2, 2025 - PT MNC Land Tbk (IDX: KPIG) or the Company announced its financial results for the first quarter of 2025 (Q1-2025). KPIG delivered a solid financial performance in Q1-2025, posting consolidated revenue of Rp464.7 billion, representing an increase of 32.0% year-on-year (yoy) compared to Rp352.1 billion in the first quarter of 2024 (Q1-2024). The property business became the largest contributor to KPIG’s revenue, accounting for 54,0% of total revenue and recording a 54,0% yoy surge to Rp250.9 billion in Q1-2025, compared to Rp162.9 billion in the same period last year. Meanwhile, the hospitality business segment also demonstrated steady performance, generating Rp213.8 billion in Q1-2025, a 13,0% yoy growth from Rp189.2 billion in Q1-2024.
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