3 2025_DFIN Q3 Press Release (Eng) v4.pdf

Page 2


PRESIDENT DIRECTOR’S STATEMENT


Introduction
The Company reported improved financial results for the nine months ended 30 September
2025, primarily driven by robust festive season sales and strong performance of Guardian.
Despite a soft trading environment in home furnishings, IKEA reported narrowing losses
compared to the same period last year, benefitting from lower supplier costs and effective
implementation of cost-saving initiatives. This resulted in an improved profit from continuing
operations of Rp 35 billion for the period ended 30 September 2025. Net profit was Rp 70
billion, down 62% year-on-year, due to a one-off gain on disposal of properties and Hero
Supermarket in the same period last year.


Company Performance
Net revenue for the period ended 30 September 2025 reached Rp 3,511 billion, representing a
4% year-on-year increase. Profit from continuing operations was Rp 35 billion, a significant
improvement from Rp 24 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 nine months
of 2025. Like-for-like sales increased by 9% year-on-year, led by higher footfall in premium
malls and tourist locations. Guardian continues to accelerate growth by enhancing its health
and beauty proposition, expanding its store footprint, advancing omnichannel integration and
capturing market share to increase accessibility for customers.


Despite continued softness in home furnishings demand, lower supplier costs, disciplined cost
control and operational improvements resulted in narrowing losses at IKEA compared to the
same period last year. The team remains focused on driving sales growth through initiatives
such as enhanced affordability, improved product range relevance, expanded food offerings,
and growth of digital footprint through Shopee.


                                             - more -



                                      PT DFI Retail Nusantara Tbk
                                      Jl. CBD Bintaro Jaya Sektor VII Blok B7/A7,            T:+6221-83788388
                                      Pondok Jaya, Pondok Aren, Tangerang Selatan 15424       dfinusantara.co.id

Page 3


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 October 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




                                             - end -




                                     PT DFI Retail Nusantara Tbk
                                     Jl. CBD Bintaro Jaya Sektor VII Blok B7/A7,         T:+6221-83788388
                                     Pondok Jaya, Pondok Aren, Tangerang Selatan 15424    dfinusantara.co.id