Pt Lippo Karawaci Tbk · IDX:LPKR
Pt Lippo Karawaci Tbk — Q1 2026 Earnings Presentation
33 slides from Pt Lippo Karawaci Tbk's earnings presentation, May 6, 2026
Slide 1: PT Lippo Karawaci Tbk 1Q26 Corporate Presentation
PT Lippo Karawaci Tbk 1Q26 Corporate Presentation 6 May 2026
Slide 2: Forward looking statements
Forward looking statements Certain statements in this release are or may be forward-looking statements. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature, forward looking statements involve a number of risks and uncertai
Slide 3: Our Values
Our Values Mission Values 1 To win the hearts and minds of our AGILITY customers through quality homes, Thrive in dynamic environments and anticipate change. healthcare and lifestyle offerings, as Innovate and capitalize on new opportunities. well as people-centric services. Vision CUSTOMER FOCU
Slide 4: Our Company
Our Company Leader in Fully Integrated Estate Operations – Scale, Widespread presence in 56 cities and 26 provinces Integration and Financial Discipline: across Indonesia Total Revenue: IDR 1.80tn in 1Q26 Revenue breakdown: 83% Real Estate, 17% Total Assets: IDR 48.70tn in 1Q26 Total Equity: IDR 30.
Slide 5: 1Q26 Business Performance Highlights
1Q26 Business Performance Highlights Real Estate and Lifestyle segments supported topline growth in 1Q26 Real Estate Lifestyle Healthcare 1Q26 Marketing Sales reached IDR LPKR’s lifestyle segment recorded In 1Q26, Siloam recorded revenue of IDR 1.95tn, achieving 32% of the FY26 target. revenue
Slide 6: LPKR Delivers Slightly Improved EBITDA Margin Despite Revenue Softening to IDR 1.80tn
LPKR Delivers Slightly Improved EBITDA Margin Despite Revenue Softening to IDR 1.80tn Revenue (in IDR bn) EBITDA (in IDR bn) -14% -14% -7% -7% -1.49% -10% -10% +12% -10% 374 2,064 6 337 0 1,801 (32) (11) (239) (24) 1Q25 Statutory Real Estate Lifestyle Holdco 1Q26 Statutory 1Q25 Statutory Real Estate
Slide 7: EBITDA margin slightly improved despite softer NPAT following revenue decline
EBITDA margin slightly improved, in line with margin expansion in the real estate segment, despite softer NPAT following the decline in revenue. Consolidated Profit and Loss1 (in IDR bn) EBITDA by Segment (in IDR bn) YoY 1Q26 1Q25 In IDR billions Rp % Real Estate Revenue 1,801 2,064 (262) -13% EBITD
Slide 8: Liquidity remained strong supported by improvement in operating cash flow
Liquidity remained strong supported by improvement in operating cash flow Cashflow Movement (1Q26) Remarks (in IDR bn) Operating Cash Flow Operating cash outflows improved to IDR 499bn in 1Q26 from IDR 627bn in 1Q25, supported by stronger 1,219 customer collections. (1,632) 1,956 Net interest expens
Slide 9: A stronger balance sheet supported by IDR debt and well-managed maturity schedule
A stronger balance sheet is supported by debt fully denominated in IDR and a well- managed maturity schedule Debt Breakdown Debt Maturity Profile (in IDR bn) IDR debt (bank loans) 0% 2,408 USD debt (bonds) 602 IDR debt (bank loans) 452 387 257 100% 2026 2027 2028 2029 2030-2032 Historical Net Debt (
Slide 10: Segment 1: Real Estate Overview
SEGMENT 1: REAL ESTATE OVERVIEW
Slide 11: Real Estate Business Highlights
Real Estate Business Highlights Property Marketing sales List of launches in Financial Key takeaways and development performance 1Q26 performance going forward projects sold in 1Q26 Landed residential: LPKR achieved Lippo Karawaci: Real Estate 1Q26 We continue to 85 projects 1Q26 marketing • Par
Slide 12: 1Q26 Marketing Sales reached IDR 1.95tn or 32% of FY26 target
1Q26 Marketing Sales reached IDR 1.95tn or 32% of FY26 target, driven by contributions from Park Serpong, Cikarang, Manado and Makassar Historical Marketing Sales (in IDR bn) Land Bank ~1,000 hectares of land bank in Jakarta, Greater Jakarta and Makassar translate to roughly IDR 155tn in gross 6,0
Slide 13: 1Q26 Marketing Sales Highlights
1Q26 Marketing Sales Highlights 1Q26 Marketing Sales Breakdown in Lippo Karawaci 1Q26 Marketing Sales Breakdown in Lippo Cikarang Marketing sales in Lippo Karawaci were mainly driven by landed housing, Marketing sales in Lippo Cikarang were mainly driven by residentials, accounting accounting for 85
Slide 14: 1Q26 Project Handover Highlights
1Q26 Project Handover Highlights Real Estate revenue in 1Q26 declined 14% to IDR 1.49tn, mainly due to handover timing and product mix. Below are some of the projects handed over during 1Q26. XYZ 221 units– XYZ 501 units– Cendana 11 units – Flo 90% Charm 71% Botanic 94% completed completed Breeze co
Slide 15: Recent Product Innovation – 7Wonder Collection
Recent Product Innovation – 7Wonder Collection Designed with French Balcony inspired by Beverly Peninsula and Scandinavian touch 1 2 3 4 5 6 Product Type and Starting Prices: 1. GoldTops 3. Silver 5. Urban LA: 62.5m2 IDR 901mn LA: 31.4m2 IDR 423mn LA: 38.0m2 IDR 569mn BA: 98.0m2 BA: 39.9m2 BA: 58.7m
Slide 16: Segment 2: Lifestyle Overview
SEGMENT 2: LIFESTYLE OVERVIEW
Slide 17: Lippo Mall Indonesia: The largest mall developer and operator in Indonesia
Lippo Mall Indonesia: The largest mall developer and operator in Indonesia About LMI Leading Player in the Number of Malls Operated Lippo Mall Indonesia is the largest mall developer and operator in 59 Indonesia with 59 managed malls nationwide across 39 cities in 60 Indonesia. The company has the
Slide 18: Malls deliver growth in revenue, EBITDA, and footfall with 87.5% occupancy
Malls deliver growth in revenue, EBITDA, and footfall with occupancy reached 87.5%, with nearly 70% of assets exceeding 85% occupancy Malls Revenue1 Malls EBITDA1 (in IDR bn) (in IDR bn) 27% 24% +5% -10% 184 193 50 45 1Q25 1Q26 1Q25 1Q26 Consistent YoY Growth of Malls Visitors2 Growing Malls Occupan
Slide 19: 1Q26 Mall Activities
1Q26 Mall Activities LIPPO MALL NUSANTARA SENAYAN PARK LIPPO MALL KEMANG The First Minion Run In Indonesia The First Aerial Lion Dance In Indonesia The First Synchronized Firework In Jakarta Lippo Mall Nusantara, part of Lippo Malls Senayan Park, managed by Lippo Malls Lippo Mall Kemang, a leading m
Slide 20: 1Q26 Mall Activities
1Q26 Mall Activities SUN PLAZA LIPPO MALL PURI SENAYAN PARK Doraemon Wondertrail Beyond The Blooms One Piece: Grand Line Trials Sun Plaza, a premier mall of Lippo Malls Lippo Mall Puri (LMP), a flagship mall of Senayan Park, managed by Lippo Malls Indonesia in Medan, brings one of the most Lippo Mal
Slide 21: Hotels: A prominent player in the premium hotel sector under Aryaduta
Hotels: A prominent player in the premium hotel sector under the Aryaduta brand About Aryaduta Strategically Located in Top Cities Aryaduta Hotels is a Jakarta Bali Bandung heritage luxury hotel chain located strategically in 9 top cities across Indonesia. Known as "Iconically Indonesian, Global
Slide 22: Hotel business recorded revenue at IDR 95bn
Hotel business recorded revenue at IDR 95bn and EBITDA IDR 27bn respectively Hotels Revenue¹ Hotels EBITDA¹ (in IDR bn) (in IDR bn) 30% 28% -8% -13% 103 95 31 27 1Q25 1Q26 1Q25 1Q26 Hotels Occupancy Average Room Rates (in IDR) -4pp -0,2% 54% 50% 640.801 639.387 1Q25 1Q26 1Q25 1Q26 EBITDA margin ¹ Re
Slide 23: Segment 3: Healthcare Overview
SEGMENT 3: HEALTHCARE OVERVIEW
Slide 24: 1Q26 marks a record Q1 with 8% YoY revenue and 12% EBITDA growth
1Q26 marks a record Q1 with 8% YoY Revenue and 12% YoY EBITDA growth, sustaining 2H25's momentum despite a tougher comparison base Revenue¹) (in IDR bn) Revenue1) EBITDA Annual Revenue Quarterly Revenue IDR 2.55 tn IDR 749 bn +7% in 1Q26 2,653 9,455 9,946 in 1Q26 7,637 7,393 8,663 2,564 2,547 2,403
Slide 25: YoY throughput growth reinforces structural recovery
YoY throughput growth reinforces structural recovery, with momentum sustained into 2026 +1.4% Outpatient Visits & 2.9 2.9 3.1 3.0 2.8 4 5,000,000 2.9 OPD to IPD Conversion 2 2.7 OPD to IPD Conversion 3,210,291 3,949,341 4,244,207 4,350,035 2,396,886 1,051,195 1,065,792 Outpatient Visits 0 0 2021 202
Slide 26: Thank You
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Slide 27: Appendices
APPENDICES
Slide 28: Consolidated Statutory Statement of Profit and Loss
Consolidated Statutory Statement of Profit and Loss P&L Highlights (in IDR bn) 1Q26 1Q25 YoY Changes Total Revenues 1,801 2,064 -13% COGS (1,007) (1,253) 20% Gross Profit 793 811 -2% Operating Expenses (581) (549) -5% Operating Profit 213 263 -19% Other Income & Expenses - Net 111 172 -35% Financial
Slide 29: Consolidated Statutory Statement of Balance Sheet
Consolidated Statutory Statement of Balance Sheet Balance Sheet Highlights (in IDR bn) 1Q26 FY25 1Q26 FY25 ASSETS LIABILITIES & EQUITY CURRENT ASSETS CURRENT LIABILITIES Cash & Cash Equivalents 1,615 1,956 Trade accounts payable 484 457 Trade Accounts Receivable 610 597 Accrued Expenses 1,231 1,272
Slide 30: Consolidated Statutory Statement of Cash Flow
Consolidated Statutory Statement of Cash Flow Cash Flow Highlights (in IDR bn) 1Q26 1Q25 YoY Changes Cash at beginning 1,956 5,328 -63% Cash from operating activities: (499) (627) 20% Business operations (414) (533) 22% Net Interest Expense (85) (93) 9% Cash from investing activities: (36) (74) 51%
Slide 31: Cash Breakdown
Cash Breakdown Cash Breakdown – Mar 2026 Cash Breakdown – Dec 2025 86 87 (5%) (4%) 247 318 (13%) (20%) 1,211 (75%) 1,622 (83%) Consolidated cash: IDR 1,615bn Consolidated cash: IDR 1,956bn Holdco (incld. Subs) GMTD Holdco (incld. Subs) GMTD LPCK LPCK 31
Slide 32: Notes
Notes 32
Slide 33: Investor Relations
INVESTOR RELATIONS PT LIPPO KARAWACI TBK Head of Investor Relations Agus Arismunandar Email: agus.arismunandar@lippo.co.id Deputy Head of Investor Relations Indra Agina Sinuraya Email: Indra.Sinuraya@lippokarawaci.co.id Mobile: +6281.4910008957 33