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 Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.Billionaire Agus Projosasmito Adds BRMS Shares Ahead of Gold Miner’s Earnings
BRMS CEO Agus Projosasmito buys 5.5 million shares as the gold miner targets higher output and a return to profit in the third quarter.OJK Fines 11 Brokerage Firms in Rp 2.1 Trillion Stock Market Crackdown
OJK fines 11 brokerages over violations involving DSSA, BREN and CUAN shares, as total penalties reach Rp 2.1 trillion.IDX Crash a Wake-Up Call for Indonesia’s Retail Investors
Recompound co-founder Toby Limanto warns Indonesia’s stock rout exposes the risks of social media-driven investing and speculative trading.Jakarta Stocks Open Higher, Investors Await BI Rate Decision
Indonesian stocks rose 0.62% at the open as investors awaited Bank Indonesia’s rate decision amid inflation and rupiah pressures.Strong Fundamentals, Fragile Trust
Markets can live with strict rules. What they struggle to accept is uncertainty about the rules that come next.Prabowo Summons Economic Team Amid Market Volatility
Prabowo meets senior economic officials as the JCI rebounds 4.16% and the rupiah strengthens to Rp 17,992 per dollar.MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.Indonesian Bank Stocks Hit Pandemic-Era Valuations After MSCI Shock
Indonesian bank stocks hit crisis-era lows as MSCI's downgrade proposal sparks a selloff and fuels fears of foreign outflows.Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion
Indonesia’s stocks plunged 14.91% in a week, wiping out $94 billion in market value as MSCI weighs a downgrade to standalone status.The Latest
Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know
Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief
Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.Greece Floats Shipbuilding Partnership with Indonesia
Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.Ye Concert in Jakarta to Deploy 2,000 Security Personnel
More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.Most Popular
