Pt Lippo Kara Tbk Ord (PTLKF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Recording in progress. Recording in progress. Recording in progress. Thank you, Pablo. Good morning, everyone. Thank you for joining our earnings call today. I'll be taking you through the financial results 2025 for LPKR. Let me just go straight jump into the business performance highlight for 2025. Our real estate revenue on our real estate Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord And this is slightly lower than obviously the top line growth because of the tracks from the some of the legacy products that we handed over this year's that I had a much lower margins compared to the others. Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord and this is mostly driven by our mall business which continue to see improvements in all our key operating methods with the footfalls for reached at about 11 million visitors per month much marking about 5% year on year whereas the occupancy also improved from about 81% in 2024 to 86.5% Lippo Kara Tbk Ord across the year from Q1, Q2, Q3, and Q4. The occupancy continues to strengthen and average hotel room rates are able to increase by about 2% year on year. Now in terms of revenue for 2025, overall on a solid basis, we've booked at about $9 trillion of revenue. Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord Lippo Kara Tbk Ord uh... so that's the reasons why it was 11.5 now if we were to assume that Shillong was to be deconsolidated in 2024 uh... it will reduce the rev...