The company faces recovery expectations in 2026 following a net profit decline of 44.18% throughout 2025. Growth catalysts for 2026 include 2025 marketing sales exceeding target by 11%, with recognition of those sales as revenue projected through unit handovers in 2026. Expansion includes new product launches, such as Diamond Commercial in the Bandung area in Q2 2026 with 20 limited units priced from Rp2.6 billion.
Cyborg Score Rationale
Q1 2026 showed revenue growth of 6.1% to Rp2.23 trillion, but net profit declined 20.3% to Rp189.76 billion. Positive catalysts include opportunities from declining benchmark interest rates and extended PPN DTP incentives. Market positioning remains challenged by economic headwinds despite operational expansion.
Top Insights
Q1 2026 net revenue reached Rp2.23 trillion, up 6.1% YoY, though net profit declined 20.3% to Rp189.76 billion, indicating margin compression.
Management allocated Rp2 trillion capital expenditure for 2026, with Rp1 trillion for property development and Rp1 trillion for investment properties from internal cash and bank loans.
Retail expansion continues in Bekasi through Summarecon Mall Bekasi Phase II, adding a premium sports and wellness facility (Wellground) to the shopping center.
FY2025 property development contributed Rp5.5 trillion, investment property yielded Rp2.22 trillion, and other segments contributed Rp981.12 billion.
Named Competitors
Ciputra — Large-scale integrated residential and commercial township developer in Indonesia
Lippo Karawaci — Integrated property developer with townships, retail, and hospitality operations
Agung Podomoro Group — Mixed-use property developer focusing on premium residential and commercial segments
Recent Developments
(January 2026) Injected capital into 23 subsidiary entities to strengthen organizational structure
(Q1 2026) Generated Rp2.23 trillion in net revenue with 6.1% YoY growth despite 20.3% net profit decline
(Q2 2026) Launched Diamond Commercial product in Bandung with 20 limited units starting at Rp2.6 billion
(May 2026) Completed Q1 earnings report with profit recovery expectations anchored to 2025 oversold marketing sales
Open the full interactive PT Summarecon Agung Tbk report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.