REG - DFI Retail Group Jardine Matheson Hdg - PT DFI RETAIL NUSANTARA TBK HALF YEAR 2025 RESULTS

DFI Retail groupAnnouncement

31/07/2025 11:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250731:nRSe4155Ta&default-theme=true

RNS Number : 4155T  DFI Retail Group Holdings Ltd  31 July 2025

 Announcement
 31 July 2025

 

 

PT DFI RETAIL NUSANTARA TBK

HALF-YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2025

 

 

 

The following announcement was issued today by the Company's 89.3%-owned
subsidiary, PT DFI Retail Nusantara Tbk.

 

 

 

For further information, please contact:

 

 DFI Retail Group Management Services Limited
 Diky Risbianto                                (62-21) 8378 8388

 

Tangerang Selatan, 31 July 2025

 
PT DFI RETAIL NUSANTARA TBK
SIX MONTHS RESULTS ENDED 30 JUNE 2025

 

Highlights

·     Net revenue grew 5% year-on-year to Rp 2,354 billion, driven by
strong Lebaran Festive sales

·     Profit from continuing operations reached Rp 52 billion, driven by
enhanced profitability across businesses

·     Health and Beauty delivered double digit sales and profit growth

·     Improved IKEA profitability supported by effective cost control
measures

 

Results

                                              Unaudited

                                              SIX MONTHS
                                              2025                 2024        Change
                                              Rp billion           Rp billion  %

 Net Revenue                                  2,354                2,252       5
 Gross Profit                                 1,078                931         16
 Profit from Continuing Operations                     52          8           >100
 Reported Profit                              75                   162         -54
                                              Rp                   Rp          %
 Profit Per Share from Continuing Operations  12                   2           >100
 Reported Profit per Share                    18                   39          -54

 

PRESIDENT DIRECTOR'S STATEMENT

 

Introduction

The Company reported improved financial results for the first half of 2025,
primarily driven by robust festive season sales and strong performance of
Guardian. Despite ongoing weakness in home furnishings demand, IKEA achieved
narrowing losses compared to the same period of last year, supported by
effective cost control measures. This resulted in an improved profit from
continuing operations to Rp 52 billion for the first half of 2025.  Net
profit was Rp 75 billion, down 54% year-on-year, due to a one-off gain on
disposal of properties and Hero Supermarket during the first half of 2024.

 

Company Performance

Net revenue for the first half of 2025 reached Rp 2,354 billion, representing
a 5% year-on-year increase. Profit from continuing operations was Rp 52
billion, a significant improvement from Rp 8 billion profit in the prior
comparable period, supported by Guardian's strong performance and narrowing
losses at IKEA.

 

Guardian continued to deliver double-digit growth in sales and profit for the
first half of 2025. Like-for-like sales increased by 9% year-on-year, led by
higher footfall in premium malls and tourist locations. Guardian remains
focused on enhancing its value proposition, optimising product range, and
expanding omnichannel presence to improve accessibility for customers.

 

IKEA performance was impacted by the continued weakness in home furnishings
demand. Nevertheless, disciplined cost control and operational improvements
contributed to narrowing losses compared to the same period of last year. IKEA
remains focused on driving sales growth through initiatives such as enhancing
its store commerciality, optimising store layout and expanding digital
footprint.  In addition, ongoing efforts to improve product availability
through increased local sourcing, supported by a more effective marketing
strategy, are implemented to strengthen local relevancy.

 

Business Update

The Company completed the sale of two properties in June 2025, further
strengthening its financial position.

 

Prospects

The Company expects the Health and Beauty business to maintain its strong
growth momentum, despite ongoing uncertainty regarding the recovery of the
Home Furnishings business. With a sharpened strategic focus, the Company is
well positioned for sustainable growth in the medium to long term.

 

Hadrianus Wahyu Trikusumo

President Director

31 July 2025

 

For further information contact:

Hadrianus Wahyu Trikusumo, President Director

PT DFI Retail Nusantara Tbk

Tel: +62-21-8378 8388

E-mail: extcomm@dfiretailgroup.com (mailto:extcomm@dfiretailgroup.com)

 

- end -

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DOCBGGDRLGXDGUB