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20260805_SSIA_Laporan Informasi dan Fakta Material_32117826_lamp1.pdf
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Press Release – Jakarta, 5 August 2026
1H26 Results – Resilience Translated into Results
PT Surya Semesta Internusa Tbk (“SSIA”) 1H26 Financial Highlights
• SSIA recorded consolidated revenue of Rp3,353.5 billion in 1H26, representing a strong
58.4% year-on-year increase from Rp2,117.1 billion in 1H25. Growth was primarily driven
by substantial accounting sales recognition from the industrial estate business. The
property segment recorded the highest growth, with revenue reaching Rp1,267.0 billion,
up 274.1% YoY. The construction segment remained stable at Rp1,700.2 billion,
compared with Rp1,700.5 billion in the same period last year. Meanwhile, the hospitality
segment generated Rp471.1 billion, an increase of 113.3% YoY.
• Supported by the strong performance of the property segment, SSIA recorded gross profit
of Rp1,086.2 billion in 1H26. The property segment contributed Rp612.3 billion, reflecting
a significant 315.4% YoY increase. The hospitality segment also delivered robust growth,
with gross profit rising 152.9% YoY to Rp279.4 billion, while the construction segment
recorded a 11.4% YoY increase to Rp204.8 billion.
• SSIA successfully delivered margin expansion across all business segments through strong
operational execution. Consolidated 1H26 EBITDA reached Rp692.5 billion, translating
into an EBITDA margin of 20.7%, a significant improvement compared with Rp106.0
billion and an EBITDA margin of 5.0% in 1H25. The property segment led the
improvement, achieving a 1H26 EBITDA margin of 42.9% compared with 14.5% in 1H25.
The hospitality segment also returned to positive EBITDA territory in 1H26, posting an
EBITDA margin of 9.7%, compared with a negative EBITDA margin in the previous year.
This improvement was mainly driven by higher room nights and a stronger average room
rate (ARR) at Paradisus by Meliá Bali, supported by its all-inclusive package offering. The
construction segment also improved its 1H26 EBITDA margin to 8.2%, from 7.3% in 1H25.
• SSIA recorded net profit of Rp262.6 billion in 1H26, supported primarily by the strong
performance of the property segment. The property segment generated Rp459.3 billion
in net profit, compared with Rp44.9 billion in 1H25. The construction segment also
delivered solid growth, with 1H26 net profit increasing 21.1% YoY to Rp93.2 billion.
Meanwhile, the hospitality segment recorded a net loss of Rp83.8 billion in 1H26,
although this represented a 20.3% improvement compared with a net loss of Rp105.1
billion in 1H25.
• The Company’s cash position in 1H26 was Rp1,093.0 billion, a decrease of 4.2% from
Rp1,140.9 billion in 1Q26. This was mainly due to interest payments for the Paradisus by
Meliá Bali renovation and land development costs.
• Interest-bearing debt was Rp2,269.1 billion in 1H26, a 3.5% decrease from Rp2,350.6
billion in 1Q26. The 1H26 debt-to-equity (gearing) ratio was 26.8%.
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Consolidated Financial Statements
First Semester 2026
(in billion Rp)
1H26 1H25 YoY
Revenues 3,353.5 2,117.2 58.4%
Property 1,267.0 338.7 274.1%
Construction 1,700.2 1,700.5 0.0%
Hospitality 471.1 220.9 113.3%
Others 11.7 20.4 -42.4%
Gross Profit 1,086.2 441.8 145.9%
EBITDA 692.5 106.0 553.2%
Net Income (Loss) 262.6 -32.3 911.8%
Comprehensive Income (Loss) 243.0 -35.16 791.0%
EBITDA Margin 20.7% 5.0% 15.6 ppts
Net Profit Margin 7.8% -1.5% 9.4 ppts
1H26 1Q26 QoQ
Cash and Cash Equivalents 1,093.0 1,140.9 -4.2%
Total Assets 13,026.8 12,896.5 1.0%
Interest Bearing Debt 2,269.1 2,350.6 -3.5%
Total Liabilities 4,544.4 4,639.0 -2.0%
Non Controlling Interest 2,698.0 2,623.7 2.8%
Equity [Owners Parent Entity] 5,784.4 5,634.2 2.7%
Business Segment Analysis
1H26 Business Segments
in billion Rp Property Construction Hospitality Total
Revenues 1,267.0 1,700.2 471.1 3,353.5
Segment percentage 37% 49% 14% 100%
Gross Profit 612.3 204.8 279.4 1,086.2
Segment percentage 56% 19% 25% 100%
EBITDA 543.4 138.8* 45.9 692.5
Segment percentage 75% 19% 6% 100%
Gross Profit Margin 48.3% 12.0% 59.3% 32.4%
EBITDA Margin 42.9% 8.2% 9.7% 20.7%
*Includes income from JO Rp4 billion
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1H25 Business Segments
in billion Rp Property Construction Hospitality Total
Revenues 338.7 1,700.5 220.9 2,117.2
Segment percentage 15% 75% 10% 100%
Gross Profit 147.4 183.8 110.4 441.8
Segment percentage 33% 42% 25% 100%
EBITDA 49.0 124.1* -54.1 106.0
Segment percentage 41% 104% -45% 100%
Gross Profit Margin 43.5% 10.8% 50.0% 20.8%
EBITDA Margin 14.5% 7.3% -25.1% 5.0%
*Includes income from JO Rp1.6 billion
Property
• SSIA’s property segment recorded revenue of Rp1,267.0 billion in 1H26, representing solid
growth of 274.1% compared with last year. This outstanding performance was driven by
strong accounting sales recognition totaling 64.7 ha, valued at Rp1,075.9 billion, from the
Company’s flagship projects, Subang Smartpolitan and Suryacipta City of Industry Karawang.
• In 1H26, PT Suryacipta Swadaya (SCS) recorded industrial land marketing sales of 9.4 ha,
valued at Rp195.9 billion. The slowdown in 1H26 was driven by geopolitical tensions in the
Middle East, which delayed global companies’ foreign direct investment decisions.
• SCS’s land sales backlog as of 1H26 stood at Rp84.3 billion, representing 4.1 ha of land.
Construction
• PT Nusa Raya Cipta Tbk ("NRCA"), SSIA’s construction unit, reported consolidated revenue of
Rp1,704.9 billion for 1H26, compared with Rp1,704.4 billion in 1H25. Despite steady revenue
recognition in 1H26, NRCA successfully recorded 21.5% growth in net profit, amounting to
Rp93.0 billion.
• NRCA secured new contracts of Rp1,370.9 billion in 1H26, down 3.8% from Rp1,425.5 billion
in 1H25.
• The main projects obtained in 1H26 were Pou Chen Factory Pekalongan, Lampung City Mall
Phase 2, New Malio Hotel Hayam Wuruk Jakarta, Saint Carolus Hospital Gading Serpong, Little
Sun School Surabaya, Grha Baramulti Jakarta, Blue Coral Resort Gili Trawangan North
Lombok, and Oakwood Jimbaran Villas & Residence Bali.
Hospitality
• SSIA’s hospitality business unit generated revenue of Rp471.1 billion in 1H26, a 113.3%
increase from last year’s figure. This was primarily driven by all-inclusive initiatives at
Paradisus by Meliá Bali and higher ARR across all of the Company’s hotels in 1H26.
• Gran Meliá Jakarta (GMJ) recorded an occupancy rate of 37.8% in 1H26, compared with 40.2%
in 1H25. Meanwhile, the average room rate (ARR) increased to Rp1,461K in 1H26, up from
Rp1,331K in 1H25. The lower occupancy rate was due to surging airline ticket prices and
slightly lower MICE activity in 2Q26.
• Umana Bali, LXR Hotels & Resorts (LXR), achieved an occupancy rate of 46.8% in 1H26, a slight
decrease from 47.82% in 1H25, driven by low first-quarter occupancy before the pace
improved in 2Q26. However, Umana Bali’s ARR also improved to Rp9,965K in 1H26, compared
with Rp9,120K in 1H25.
• Paradisus by Meliá Bali recorded a strong occupancy rate of 44.3% in 1H26; however, this
figure does not reflect the full 492-room capacity from the beginning of the soft opening, as
the hotel gradually increased room availability from February to May. In 1H26, Paradisus by
Meliá Bali’s ARR reached Rp3,338K, surpassing the 2024 figure of Rp2,468K. The Company is
targeting the all-inclusive package to contribute 50% of total guests by the end of the year.
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• BATIQA Hotels, comprising seven locations, recorded an occupancy rate of 71.0% and an ARR
of Rp456,386 in 1H26. This compares with an ARR of Rp384,498 and an occupancy rate of
68.9% in 1H25. The improvement was mainly driven by an increase in long-stay guests at
several BATIQA locations and a shift in travel budgets among local tourists from overseas
travel to domestic travel.
• SSIA’s digital platform, Travelio.com, is an innovative online rental property company that
offers short, medium and long term rental options for apartments and houses in 15 key cities
across Indonesia. Travelio is supported by investment companies including Temasek
Holdings’ Pavilion Capital in Singapore, Mirae Asset, Samsung Ventures, and Gobi Partners.
In 1H26, Travelio achieved approximately c.10% year-on-year growth in Gross Merchandise
Value (GMV) and aims to grow by approximately c.11% by the end of 2026. As the largest
private residence management platform in Indonesia, Travelio exclusively managed 16,241
apartment units in 1H26 and is expected to reach more than 16,800 units by the end of 2026.
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About PT Surya Semesta Internusa Tbk (SSIA)
SSIA, previously known as PT Multi Investments Limited, was established on 15 June 1971. The company name
was later changed to PT Surya Semesta Internusa (SSIA) in 1995. SSIA’s main businesses are industrial estate and
real estate development, construction, and hospitality.
SSIA's investment portfolio is diverse, including Suryacipta City of Industry, Subang Smartpolitan, Edenhaus
Simatupang, Graha Surya Internusa (to be rebuilt as SSI Tower), Hotel Gran Meliá Jakarta, Paradisus by Meliá Bali
Hotel, Umana Bali, LXR Hotels & Resorts, and BATIQA Hotels.
With more than 50 years in business, SSIA has strengthened its recognition and brand position as one of
Indonesia’s leading development companies. Cementing its status as a prominent company, SSIA listed its shares
on the Indonesia Stock Exchange and became a public company on 27 March 1997. For more information, visit
www.suryainternusa.com.
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For more information, please contact:
Erlin Budiman
VP of Investor Relations & Sustainability
ir@suryainternusa.com
Office: +62215262121
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PT Suryacipta Swadaya
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PT Multi Investments Limited
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Indonesia Stock Exchange
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