20251212_IKAI_Laporan Informasi dan Fakta Material_32012750_lamp1.pdf

optimization within the manufacturing segment, driven by automation, process
standardization, and predictive–preventive maintenance.
Throughout 2025, the performance of IKAI’s hotel portfolio—measured using
industry-standard indicators such as Occupancy and Gross Operating Profit—was
above the national average. This includes an Occupancy Rate of 89.63% at Swiss-
Belhotel Bogor and 74.56% at Swiss-Belinn Gajah Mada Medan.
Although these strong indicators have not yet fully translated into profitability (Net
Operating Profit – NOP), improving NOP is a key priority in the recovery phase. The
increase in NOP to 8% in Q4, from previously negative quarter-on-quarter levels,
demonstrates the success of IKAI’s efforts to enhance effectiveness, efficiency,
and optimization within the hotel segment.
Challenges and Constraints

IKAI’s President Commissioner, Willam Eduard Daniel, noted that legacy burdens
may affect the pace of the Company’s strategic execution, including substantial
historical liabilities, non-performing loans (NPL), legal issues, financial
fundamentals, and Going Concern considerations. Mr. Daniel declare that one of
company liabilities, PT Internusa Keramik Alamasri’s bank loan to Bank Mandiri,
has been fully settled. Regarding the Going Concern status, he emphasized the
new management’s commitment to transforming the Company from a loss-
making entity into one that delivers sustainable profitability.
Strategic Outlook for 2026: Transforming Toward Profitable and Sustainable
Growth

For 2026, IKAI will focus on four core growth strategies: People and Skill Upgrade,
Business Process Modernization, Market Acquisition Program, and Per-segment
Operational Targets.
In the manufacturing segment, Essenza—as a Top Brand with a substantial market
presence confirmed by Mandala Consulting—will be the anchor of
multidimensional growth. This includes vertical expansion through increased
production capacity, horizontal expansion via product innovation, entry into the
Super Luxurious market segment, and strategic alliances with global ceramic
industry leaders and world-renowned designers.
In the hotel segment, the Company will pursue growth through quality-of-revenue
improvements and the creation of new revenue streams. IKAI will continue
optimizing commercial strategies across its hotel portfolio and will prioritize a
“profitability over volume” approach.
Closing Remarks

IKAI Commissioner Bernardus Djonoputro expressed appreciation to
shareholders, investors, regulators, customers, and all stakeholders for their
continued support throughout the recovery period. The Company remains
optimistic that its 2025–2026 transformation plans will result in a more resilient,
competitive, and sustainable organization.

Management in Attendance at IKAI Public Expose 2025

President Commissioner & Independent Commissioner: William Eduard Daniel
Independent Commissioner: Bernardus Djonoputro
President Director: Desra Firza Ghazfan
Director: Emirza Adi Wibowo

About PT Intikeramik Alamasri Industri
PT Intikeramik Alamasri Industri Tbk (IKAI) was established on June 26, 1991, which is one of the largest porcelain
tile manufacturers in Indonesia. The Company started commercial operations in May 1993, with the trademark
"Essenza". In May 2019, the Company added tourism, restaurant and hotel industry into their business activities. IKAI
was publicly listed on the Jakarta Stock Exchange and Surabaya Stock Exchange, which is now the Indonesia Stock
Exchange on June 4, 1997.
For further information, please contact
Corporate Secretary
Tel: (62-21) 8370 0435
Email : corporatesecretary@intikeramik.com
Website : www.intikeramik.com

This press release has been prepared by PT Intikeramik Alamasri Industri Tbk. ("IKAI") and is circulated for general
information purposes only. It is not intended for any individual or specific purpose and does not constitute a
recommendation regarding IKAI shares. No warranty (express or implied) is made as to the accuracy or completeness of
the information. All opinions and estimates contained in this press release are our judgment as of today's date and are
subject to change without prior notice. IKAI accepts no responsibility whatsoever for the consequences to any individual
or persons as a result of reliance on the whole or any part of the contents of this press release and neither IKAI nor any of
its affiliated companies and their respective employees and agents accept liability for any errors, omissions, or otherwise,
in this press release and any inaccuracies herein or omissions herein that may arise.

Forward-Looking Statements
Certain statements in this release are or may be forward-looking statements. These statements typically contain
words such as "will", "expects" and "anticipates" and similar words. By their nature, forward-looking statements
involve a number of risks and uncertainties that could cause actual events or results to differ materially from those
described in this release. Factors that could cause actual results to differ include, but are not limited to, economic,
social and political conditions in Indonesia; the state of the gas industry in Indonesia; prevailing market conditions;
increased regulatory burdens in Indonesia, including environmental regulations and compliance costs; foreign
exchange rate fluctuations; interest rate trends, cost of capital and availability of capital; anticipated demand and
selling prices for our developments and related capital expenditures and investments; construction costs; availability
of real estate properties; competition from other companies and venues; shifts in customer demand; changes in
operating costs, including employee wages, benefits and training, changes in government and public policies; our
ability to become and remain competitive; our financial condition, business strategy and plans and remediation. If
one or more of these uncertainties or risks, among others, materialize, actual results could vary materially from those
estimated, anticipated or projected. In particular, but without limitation, capital costs may increase, projects may be
delayed and anticipated improvements in production, capacity or performance may not be fully realized. Although
we believe that the expectations of our management as reflected by such forward-looking statements are reasonable
based on information currently available to us, no assurance can be given that such expectations will prove to be
correct. You should not place undue reliance on such statements. In any event, these statements speak only as of
the date hereof, and we undertake no obligation to update or revise any of our material content, whether as a result
of current information, future events or otherwise.