Property Issuer Pudjiadi Prestige Bags Business Income of IDR 9.54 Billion until March 2026

Annual General Meeting of Shareholders (RUPST) and Public Expose of PT Pudjiadi Prestige Tbk. (PUDP) today. (Theresia Agatha/VOI)

JAKARTA - Property issuer, PT Pudjiadi Prestige Tbk (PUDP) recorded business income of IDR 9.54 billion in the first quarter of 2026 or an increase of 23.59 percent compared to the same period last year.

This performance was supported by rental, apartment maintenance and hotel revenue of IDR 8.16 billion and property sales of IDR 1.38 billion.

This was conveyed by Vice President of Accounting & Finance of PUDP Veriko Sasetya in the Annual General Meeting of Shareholders (RUPST) and Public Expose in Jakarta, Thursday, June 4.

"For business income in 2026, the company on a consolidated basis experienced an increase of 23 percent from revenue of Rp7.7 billion to Rp9.5 billion," he said.

In the same period, the company's net profit was recorded at Rp5.5 billion or up 22.52 percent compared to the same period last year of Rp4.5 billion.

The company also noted that gross profit increased by 31.21 percent from Rp4.3 billion to Rp5.6 billion. The cost of sales and revenue of Rp3.88 billion, up from Rp3.41 billion in the same period in 2025.

With this performance, the company agreed to a cash dividend of Rp1 per share or equivalent to a total of Rp659,120,000. This value reflects approximately 40.93 percent of the company's net profit throughout 2025 which reached Rp1.61 billion.

Shareholders entitled to receive dividends are investors who are recorded in the Shareholders' List (DPS) which will be paid no later than July 1, 2026.

Meanwhile, PUDP Director Toto Sasetyo Dwi Budi Listyanto said the company projected that business revenue could reach IDR 60.5 billion by the end of 2026, up 49.18 percent compared to the previous year of IDR 40.5 billion.

"So, in business income there is a significant increase of 49.18 percent from the audited 2025 (business income of) Rp40.5 billion before the proforma 2026 it was Rp60.5 billion. We assume that the national economic and political economic conditions are conducive," he explained.