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3 2025_DFIN HY Press Release (eng).pdf

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Page 1
Tangerang Selatan, 31 July 2025


                           PT DFI RETAIL NUSANTARA TBK
                       SIX MONTHS RESULTS ENDED 30 JUNE 2025


Highlights
   •   Net revenue grew 5% year-on-year to Rp 2,354 billion, driven by strong Lebaran
       Festive sales
   •   Profit from continuing operations reached Rp 52 billion, driven by enhanced
       profitability across businesses
   •   Health and Beauty delivered double digit sales and profit growth
   •   Improved IKEA profitability supported by effective cost control measures


Results
                                                                                          Unaudited
                                                                                        SIX MONTHS
                                                                                    2025         2024     Change
                                                                               Rp billion   Rp billion        %


 Net Revenue                                                                          2,354       2,252         5
 Gross Profit                                                                         1,078        931        16
 Profit from Continuing Operations                                                           52      8     >100
 Reported Profit                                                                             75    162       -54
                                                                                             Rp     Rp         %
 Profit Per Share from Continuing Operations                                                 12      2     >100
 Reported Profit per Share                                                                   18     39       -54




                                                - 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
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PRESIDENT DIRECTOR’S STATEMENT


Introduction
The Company reported improved financial results for the first half of 2025, primarily driven
by robust festive season sales and strong performance of Guardian. Despite ongoing weakness
in home furnishings demand, IKEA achieved narrowing losses compared to the same period
of last year, supported by effective cost control measures. This resulted in an improved profit
from continuing operations to Rp 52 billion for the first half of 2025. Net profit was Rp 75
billion, down 54% year-on-year, due to a one-off gain on disposal of properties and Hero
Supermarket during the first half of 2024.


Company Performance
Net revenue for the first half of 2025 reached Rp 2,354 billion, representing a 5% year-on-year
increase. Profit from continuing operations was Rp 52 billion, a significant improvement from
Rp 8 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 half of 2025.
Like-for-like sales increased by 9% year-on-year, led by higher footfall in premium malls and
tourist locations. Guardian remains focused on enhancing its value proposition, optimising
product range, and expanding omnichannel presence to improve accessibility for customers.


IKEA performance was impacted by the continued weakness in home furnishings demand.
Nevertheless, disciplined cost control and operational improvements contributed to narrowing
losses compared to the same period of last year. IKEA remains focused on driving sales growth
through initiatives such as enhancing its store commerciality, optimising store layout and
expanding digital footprint. In addition, ongoing efforts to improve product availability
through increased local sourcing, supported by a more effective marketing strategy, are
implemented to strengthen local relevancy.


                                              - 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
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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 July 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

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