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20250430_LPCK_Laporan Informasi dan Fakta Material_31880479_lamp3.pdf
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PRESS RELEASE
PT Lippo Cikarang Tbk Recorded Marketing Sales of IDR 323 Billion in 1Q25, Achieving
19.6% of the 2025 Target
Cikarang, April 30, 2025 – PT Lippo Cikarang Tbk (LPCK) posted a pre-sales value of IDR 323 billion in
the first quarter of 2025, or equivalent to 19.6% of the full-year target of IDR 1.65 trillion. This
achievement reflects the strong market demand for the Company's residential and commercial
products.
In the same period, LPCK recorded revenue of IDR 1.09 trillion, a sharp increase of 157.5% compared
to the same period the previous year (1Q24). This significant growth was supported by the handover
of landed house units, apartments, shophouses, industrial land, as well as contributions from non-
property segments such as the management of the Lippo Cikarang area.
The city management segment also showed solid performance with a growth of 13.8% on an annual
basis (YoY), generating revenue of IDR 107 billion. Meanwhile, gross profit was recorded at IDR 282
billion, with a gross profit margin of 26%, reflecting the Company's success in maintaining profitability
amid business expansion.
Positive EBITDA and Operational Efficiency Maintained
During the first quarter of 2025, LPCK managed to post a positive EBITDA of IDR 173 billion, or
equivalent to 16% of total revenue. This achievement reflects operational efficiency and growth
quality that is maintained in a healthy and sustainable manner.
First Quarter 2025 Pre-Sales Details
Pre-sales in the quarter were mainly supported by strong demand for residential and shophouse
products, which accounted for 67% and 33% of total marketing sales, respectively. Flagship projects
such as XYZ Livin and Cendana Spark – North showed solid sales performance. In total, LPCK managed
to sell 325 units from various segments—residential, commercial, and industrial land.
XQ Livin, Residential Innovation for the Younger Generation
In June 2024, LPCK launched the innovative XQ Livin product as part of the development of the Lippo
Cikarang Cosmopolis area, which has mature infrastructure and a strategic location. This product is
designed to answer the needs of the younger generation for affordable and modern housing, with two
types of options:
• Type Q10 (building area 36 m²) starting from IDR 322 million
• Type X (building area 66.9 m²) starting from IDR 609 million
Management Outlook and Future Strategy
Marlo Budiman, Director of LPCK, expressed a positive view of the prospects of the property industry,
especially in the affordable housing segment which continues to show high demand amid economic
dynamics.
"In the first quarter of 2025, we managed to record 19.6% of the annual pre-sales target. This
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achievement is driven by the high public interest in affordable housing products. We also launched XQ
Livin as an answer to the needs of the younger generation, and will continue to bring new products in
the coming quarters. Our commitment is to complete the construction on time so that the handover
process to consumers runs smoothly," said Marlo.
About Lippo Cikarang
LPCK has shown its reputation as an urban property developer with international standard facilities at Lippo Cikarang Cosmopo lis. Lippo
Cikarang is located on an area of approximately 3,250 hectares in the largest industrial area in Southeast Asia. LPCK has succeeded in building
more than 20,400 houses and has a population of 71,923 people. In the Lippo Cikarang industrial area, there are around 683,921 people
who work every day in 1,576 manufacturing facilities.
LPCK is a subsidiary of PT Lippo Karawaci Tbk ("LPKR"). LPKR is a leading real estate and healthcare platform in Indonesia, present in 26
provinces and 56 cities throughout Indonesia and has total assets of IDR 9.682 billion as of December 31, 2023. LPKR is supported by solid
recurring income and supported by diverse land supply. LPKR's business consists of Real Estate, Health Services and Lifestyle development.
For More Information:
Corporate Communication
T: 021-8972484 / 021-8972488
E: corporate.communication@lippo-cikarang.com
www.lippo-cikarang.com
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This press release was prepared by PT Lippo Cikarang Tbk ("LPCK") and is circulated for general information purposes only. All opinions and
estimates expressed in this press release are our judgment as of this date and are subject to change without notice. LPCK shall not be liable
for any claims or losses that may arise against or be experienced by any person as a result of reliance on all or part of the contents of this
Press Release. Neither LPCK nor its affiliated companies, employees and agents are responsible for any errors and omissions in this Press
Release and any inaccuracies therein or that may arise.
Forward-looking statements
Certain statements in this release may be forward-looking. These statements typically contain words such as "will," "expect" and
"anticipate" as well as other similar words. By their very nature, forward-looking statements involve risks and uncertainties so that actual
events may differ materially from those described in this press release.
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