AKR Corporindo posts 11% rise in 2025 net profit on JIIPE growth
Wednesday, March 18 2026 - 06:02 PM WIB
By Rara Suratmi
IDX-listed logistics and energy distribution firm PT AKR Corporindo Tbk (IDX: AKRA) reported an 11% year-on-year increase in net profit for 2025, supported by strong growth in its industrial estate and utilities businesses.
Net profit rose to Rp2.47 trillion in 2025, while revenue increased to Rp46.02 trillion from Rp38.73 trillion in 2024, according to the company’s financial report.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) reached Rp3.67 trillion, reflecting improved operational efficiency and disciplined cost management, the company said in a statement on Wednesday.
AKR, the master developer of the JIIPE Special Economic Zone in Gresik, East Java, said growth was driven by the continued ramp-up of its industrial estate, with rising land sales and higher utilities utilisation contributing to more stable and recurring income.
Revenue contributions from the industrial estate and utilities segments surged by 107% and 129% year-on-year, respectively, while its trading and distribution business grew 16% despite what the company described as a challenging market environment.
Read also: AKR profit up 19% in 9M 2025 on strong fuel, chemical, and utilities sales
The company maintained a strong balance sheet, with net gearing at negative 0.08 times, and posted return on equity of 20% and return on assets of 7%.
President Director Haryanto Adikoesoemo said the performance highlighted the strength of AKR’s diversified business model, with utilities income from the JIIPE estate becoming an increasingly important contributor to recurring earnings.
Looking ahead, AKR said it plans to expand its trading and distribution footprint, particularly in eastern Indonesia, while accelerating land sales and utilities growth at JIIPE to strengthen long-term earnings visibility.
The company added it will continue supporting Indonesia’s energy security while gradually expanding into cleaner energy initiatives, including biodiesel, retail fuels and liquefied natural gas infrastructure within the JIIPE ecosystem.
Editing by Alexander Ginting