PT PP (Persero) Tbk Income Statement

Financials in millions IDR. Fiscal year is January - December.

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	16,544,449	19,812,143	18,464,215	18,921,839	16,763,937	15,831,388
Revenue Growth (YoY)	-18.27%	7.30%	-2.42%	12.87%	5.89%	-32.84%
Cost of Revenue	14,023,563	17,191,035	16,420,987	16,272,988	14,598,794	13,604,014
Gross Profit	2,520,886	2,621,108	2,043,229	2,648,851	2,165,142	2,227,374
Selling, General & Admin	824,514	823,493	741,585	698,928	625,239	583,536
Other Operating Expenses	1,415,791	1,124,068	394,711	198,604	452,239	248,883
Operating Expenses	2,525,790	2,185,879	1,380,162	1,169,525	1,357,372	1,111,405
Operating Income	-4,904	435,229	663,067	1,479,326	807,770	1,115,969
Interest Expense	-2,257,077	-1,897,676	-1,213,527	-1,263,525	-1,352,777	-901,561
Interest & Investment Income	56,384	49,712	51,524	97,577	136,527	188,905
Earnings From Equity Investments	1,116,939	1,297,415	749,376	414,086	482,052	252,835
Currency Exchange Gain (Loss)	58,837	57,213	527.22	63,851	1,775	8,452
Other Non Operating Income (Expenses)	1,800,310	996,122	392,385	-	285,228	164,682
EBT Excluding Unusual Items	770,488	938,015	643,351	791,315	360,574	829,282
Gain (Loss) on Sale of Investments	-106,944	-106,944	-	-	10,447	-
Gain (Loss) on Sale of Assets	-	-	-	-	497,606	7,676
Asset Writedown	-	-	-	73,269	47,418	-35,596
Other Unusual Items	-	-	-	-	51,793	-
Pretax Income	663,544	831,071	643,351	864,584	967,837	801,362
Income Tax Expense	596,313	701,633	516,262	498,842	606,415	489,403
Earnings From Continuing Operations	67,231	129,438	127,090	365,742	361,422	311,959
Minority Interest in Earnings	86,693	286,216	354,290	-94,043	-95,445	-147,906
Net Income	153,924	415,654	481,379	271,699	265,977	164,053
Net Income to Common	153,924	415,654	481,379	271,699	265,977	164,053
Net Income Growth	-69.76%	-13.65%	77.17%	2.15%	62.13%	-79.98%
Shares Outstanding (Basic)	6,185	6,185	6,185	6,185	6,185	6,185
Shares Outstanding (Diluted)	6,185	6,185	6,185	6,185	6,185	6,185
Shares Change (YoY)	-	-	-	-	-	-0.24%
EPS (Basic)	24.89	67.20	77.83	43.93	43.00	26.52
EPS (Diluted)	24.89	67.20	77.83	43.93	43.00	26.52
EPS Growth	-69.76%	-13.65%	77.17%	2.15%	62.13%	-79.93%
Free Cash Flow	333,201	86,570	-141,799	31,817	44,748	-730,706
Free Cash Flow Per Share	53.87	14.00	-22.93	5.14	7.23	-118.14
Gross Margin	15.24%	13.23%	11.07%	14.00%	12.91%	14.07%
Operating Margin	-0.03%	2.20%	3.59%	7.82%	4.82%	7.05%
Profit Margin	0.93%	2.10%	2.61%	1.44%	1.59%	1.04%
Free Cash Flow Margin	2.01%	0.44%	-0.77%	0.17%	0.27%	-4.62%
EBITDA	783,420	994,904	1,213,265	2,022,981	1,312,537	1,590,940
EBITDA Margin	4.74%	5.02%	6.57%	10.69%	7.83%	10.05%
D&A For EBITDA	788,324	559,675	550,199	543,655	504,766	474,971
EBIT	-4,904	435,229	663,067	1,479,326	807,770	1,115,969
EBIT Margin	-0.03%	2.20%	3.59%	7.82%	4.82%	7.05%
Effective Tax Rate	89.87%	84.42%	80.25%	57.70%	62.66%	61.07%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.