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Page 1
                                                          SIARAN PERS / PRESS RELEASE
                                                                          78/HO-ASR/XI/23
                                                              Tangerang, 28 November 2023




           PUBLIC EXPOSE 2023                                    PUBLIC EXPOSE 2023
                  ******                                                ******
    PAPARKAN KINERJA PERSEROAN TERKINI                PRESENTED UPDATED COMPANY’ S PERFORMANCE




Tangerang, 28 November 2023 – PT Alam Sutera        Tangerang, November 28, 2023 – PT Alam
Realty Tbk (“Perseroan”) hari ini memberi           Sutera Realty Tbk (“the Company”) today held
Paparan Publik mengenai kinerja terkini             Public Expose on the Company’s latest
Perseroan dalam acara Public Expose Live 2023.      performance in the Public Expose Live 2023
                                                    event.

Proyek Baru di Tahun 2023                           New Projects in 2023

Perseroan telah meluncurkan empat proyek baru       The Company has launched four new projects
hingga bulan September 2023 yaitu Escala yang       until September 2023, Escala located in Alam
berlokasi di Alam Sutera township dan Cluster       Sutera township and Basanta Cluster, Meranti
Basanta, Cluster Meranti tahap 2, dan Ruko          phase 2 Cluster, and Evergreen Shophouses
Evergreen yang berlokasi di Suvarna Sutera. Di      located in Suvarna Sutera. In November, the
bulan November, Perseroan meluncurkan satu          Company has launched a new project, namely
proyek baru yaitu The Gramercy yang berlokasi di    The Gramercy, which is located in Alam Sutera
Alam Sutera township.                               township.

Perseroan telah membukukan marketing sales          The company booked marketing sales of
sebesar Rp 1,5 triliun hingga September 2023        IDR 1.5 trillion as of September 2023 or 48.4%
atau 48,4% dari target tahun 2023. Proyek-proyek    from 2023 marketing sales target. Projects that
yang berkontribusi terhadap marketing sales         contributed to the marketing sales were The
tersebut antara lain The Gramercy dan Cluster       Gramercy and Nykka Cluster that are located in
Nykka yang berlokasi di Alam Sutera township,       Alam Sutera township, Basanta Cluster and
Cluster Basanta dan Cluster Helios yang berlokasi   Helios Cluster that are located in Suvarna
di Suvarna Sutera, dan penjualan kavling            Sutera, and commercial land lots’ sales.
komersial.
Page 2
                                                        SIARAN PERS / PRESS RELEASE
                                                                        78/HO-ASR/XI/23
                                                            Tangerang, 28 November 2023




Kinerja Keuangan September 2023                   Financial Performance September 2023

Dari sisi keuangan, Perseroan membukukan total    From the financial side, the Company booked
pendapatan sebesar Rp2.485,5 milliar pada         total revenue of IDR 2,485.5 billion in 9M2023.
9M2023. Adapun komposisi total pendapatan         The composition of the total revenue in 9M2023
pada 9M2023 adalah sebagai berikut:               were as follows:

• Real Estate sebesar Rp 1.922,2 miliar atau      • Real estate at IDR 1,922.2 billion or 77.3%
  sebesar 77,3% dari penjualan.                     from total revenue.
• Recurring Income sebesar Rp 563,3 miliar        • Recurring Income at IDR 563.3 billion or
  atau sebesar 22,7% dari penjualan.                22.7% from total revenue.

   Komposisi     pendapatan     Real   Estate       The composition of Real Estate revenue are
   terdiri dari:                                    as follows:
    - Tanah sebesar Rp 596,4 miliar.                - Land at IDR 596.4 billion.
    - Rumah dan ruko sebesar Rp 1.256,8             - Houses and shophouses at IDR 1,256.8
        miliar.                                        billion.
    - Apartemen Rp 62,9 miliar.                     - Apartments at IDR 62.9 billion.
    - Gedung perkantoran Rp6,0 miliar.              - Office buildings at IDR 6.0 billion.

   Komposisi pendapatan Recurring Income            The composition of Recurring Income
   terdiri dari:                                    revenue are as follows:
   - Jasa        hospitality   dan    prasarana     - Hospitality and infrastructure at IDR 408.3
      sebesar Rp 408,3 miliar, meningkat               billion, an increase of 10.8% y-o-y.
      sebesar 10,8% y-o-y.
   - Pariwisata        dan   lainnya    sebesar     - Tourism and others at IDR 155.0 billion, an
      Rp 155,0 miliar,       meningkat sebesar        increase of 109.8% y-o-y.
      109,8% y-o-y.

Perseroan mencatat laba bruto pada 9M2023         The Company recorded gross              profit of
sebesar Rp 1.330,1 miliar, marjin laba bruto      IDR 1,330.1 billion in 9M2023, gross profit
sebesar 53,5%. EBITDA (12 bulan terakhir)         margin of 53.5%. EBITDA (last 12 months) of
sebesar Rp 2.184,1, mengalami peningkatan         IDR 2,184.1, experienced an increase of 16.6%
sebesar 16,6% y-o-y. Perseroan berhasil           y-o-y. The company managed to record a
mencatatkan laba komprehensif periode berjalan    comprehensive income for the period of
sebesar Rp 212,1 miliar pada 9M2023 dengan net    IDR 212.1 billion in 9M2023 with a net profit
profit margin di 8,5%. Perseroan juga berhasil    margin of 8.5%. The company also managed to
mencatat pengurangan total utang dari             record a reduction in total debt from IDR 6,609.5
Rp 6.609,5 pada FY2022 menjadi Rp 6.334,0         in FY2022 to IDR 6,334.0 in 9M2023 or a
pada 9M2023 atau mengalami penurunan              decrease of 4.2%.
sebesar 4,2%.
Page 3
                                                         SIARAN PERS / PRESS RELEASE
                                                                         78/HO-ASR/XI/23
                                                             Tangerang, 28 November 2023




Sekilas Alam Sutera                                About Alam Sutera

PT Alam Sutera Realty Tbk (Alam Sutera) adalah     PT Alam Sutera Realty Tbk (Alam Sutera) is a
pengembang properti terintegrasi terkemuka di      leading integrated property developer in Indonesia
Indonesia yang didirikan sejak tahun 1994. Alam    that was established in 1994. Alam Sutera focuses
Sutera bergerak di bidang pembangunan dan          its business activities in the development and
pengelolaan perumahan, kawasan komersial,          management of residential, commercial, and also
dan pengelolaan pusat perbelanjaan, pusat          the management of shopping centers, leisure
rekreasi   serta   hospitaliti   (pengembangan     centers and hospitality (integrated area
kawasan terpadu). Sejak 2007 saham Alam            development). Since 2007 Alam Sutera’s shares
Sutera telah tercatat di Bursa Efek Indonesia      have been listed in the Indonesia Stock Exchange
(IDX: ASRI).                                       (IDX: ASRI).

Selain itu, untuk lebih detail, Laporan Keuangan   For more details, Financial statement of the
Perseroan dapat di akses di website Perseroan di   Company can downloaded from the Company’s
https://alamsuterarealty.co.id/ dan Bursa Efek     website at    https://alamsuterarealty.co.id/ and
Indonesia. Press release dan presentasi Public     Indonesia Stock Exchange website. Press release
expose juga dapat di unduh di website Bursa Efek   and Public Expose presentation can also be
Indonesia.                                         downloaded from Indonesia Stock Exchange
                                                   website.
Page 4
                                                    SIARAN PERS / PRESS RELEASE
                                                                    78/HO-ASR/XI/23
                                                        Tangerang, 28 November 2023




PT Alam Sutera Realty Tbk                                     PT Alam Sutera Realty Tbk
dan Anak Perusahaan                                                      and Subsidiaries
Ikhtisar Keuangan per 30 September 2023     Financial Highlights as of 30 September 2023
dan 30 September 2022                                            and 30 September 2022

dalam Miliar Rp                                                               in IDR billion
Neraca                           9M2023          FY2022                   Balance Sheet
Kas dan setara kas                1.349,3         1.438,1       Cash and cash equivalent
Deposito                            480,1          477,3                    Time Deposit
Persediaan                         5209,2         4.965,5                     Inventories
Tanah untuk
                                 11.113,7       11.010,5            Land for development
dikembangkan
Total Aset                       22.601,6       22.298,9                     Total Asset
Hutang Bank                       2.527,0         2.693,0                      Bank loan
Hutang Obligasi                   3.807,0         3.916,5                  Bonds payable
Total Liabilitas                 11.744,5       11.656,3                 Total Liabilities
Total Ekuitas                    10.857,1       10.642,6                    Total Equity
Laba Rugi                        9M2023          9M2022               Income Statement
Pendapatan                                                                     Revenues
  Tanah Kavling                     596,4          647,5                      Land Lots
  Rumah dan Ruko                  1.256,8          789,9      Houses and Shop Houses
  Apartemen                          62,9          861,3                    Apartments
  Perkantoran                         6,0             4,2                        Offices
  Pendapatan Berulang                                             Recurring Income and
                                    563,3          442,4
  dan Pendapatan Lain                                                  Other Revenues
Jumlah Pendapatan                 2.485,5         2.745,3                Total Revenues

Beban Pokok Penjualan             1.155,4         1.256,2                   Cost of Sales
Laba Bruto                        1.330,1         1.489,1                    Gross Profit
Laba komprehensif                                                    Comprehensive profit
                                    212,1          114,3
periode berjalan                                                           for the period

Marjin Laba Bruto                    53%            54%               Gross Profit margin

EBITDA (12 bulan terakhir)        2.184,1         1.871,7        EBITDA (last 12 months)

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