Bumi Serpong Damai Q3 Profit Falls Nearly 50%
Jakarta. Property developer Bumi Serpong Damai (BSDE), or better known as BSD, part of the Sinar Mas Group, saw its net profit drop nearly 50 percent to Rp 1.36 trillion ($81.76 million) in the first nine months of 2025, dragged down by lower operating income.
The figure was down sharply from Rp 2.7 trillion in the same period last year, according to the company’s financial report released on Thursday.
Earnings per share also fell to Rp 65.20, compared to Rp 129.20 a year earlier.
BSD’s revenue slipped to Rp 8.76 trillion as of September 2025, from Rp 10.06 trillion in the corresponding period last year. Its cost of revenue declined slightly to Rp 3.21 trillion, resulting in a lower gross profit of Rp 5.54 trillion, down from Rp 6.59 trillion.
As of September, the company’s total assets stood at Rp 77.4 trillion, with liabilities amounting to Rp 26.07 trillion and equity at Rp 51.32 trillion.
Shares of BSDE fell 0.51 percent to Rp 970 as of 11:05 a.m. local time on Thursday, extending a 9.77 percent decline over the past month.
Tags: Keywords:Related Articles
Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms
Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.
OJK Moves to Reassure Investors After MSCI Downgrades Information Flow
Indonesia said MSCI's transparency concerns validate ongoing reforms, while maintaining confidence in market access.
JCI Ends Flat-to-Higher as MSCI Review Caps Gains
JCI rose 0.08% after a volatile session as investors weighed MSCI transparency concerns and Fed rate risks.
Analyst: MSCI Report Is About More Than Indonesia's Emerging Market Status
MSCI's latest review flagged transparency and information flow gaps that could weigh on investor confidence in Indonesia.
Jakarta Stocks Weigh BI Rate Hike, MSCI Transparency Concerns
Indonesia kept its MSCI emerging market status, but concerns over transparency and market integrity weighed on stocks.
MSCI Retains Indonesia as Emerging Market, Warns on Market Transparency
MSCI kept Indonesia in its emerging market index but flagged persistent concerns over transparency and FX access.
New IDX Chief Pledges Stronger Governance After Market Volatility
New IDX chief Jeffrey Hendrik pledges stronger governance and transparency after MSCI-related market volatility.
JCI Drops 0.78% as BI Raises Rates and Investors Await MSCI Review
Jakarta stocks fell 0.78% after BI raised rates to 5.75%, while investors awaited MSCI's market review.
OJK Nominates Seven IDX Directors, Jeffrey Hendrik Set to Remain CEO
Jeffrey would be appointed President Director of the Indonesia Stock Exchange after serving in an acting capacity.
Jakarta Stocks Retreat Ahead of Triple Market Tests: BI, MSCI and FTSE
JCI fell 0.46% as investors awaited Bank Indonesia's rate decision and key MSCI and FTSE index reviews.The Latest
Dear Mr. President, Don’t Skip ASEAN Summits
Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.
PLN Rushes Coal Supplies After Power Outages Hit Java
PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.
Japan-Backed ADB Invests in Indonesia’s Human Capital
As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.
Indonesian Stocks Rise Despite Foreign Outflows as MSCI Review Looms
Indonesia's JCI rose 2.8% as easing geopolitical tensions offset foreign outflows, MSCI concerns and rupiah pressures.
World Cup 2026: Paraguay Holds Off Turkey With 10 Men to Keep Knockout Hopes Alive
Matias Galarza scored after 65 seconds as 10-man Paraguay beat Turkey 1-0, eliminating the Turks and securing first place for the US.Most Popular
