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GOLF's Net Profit Grew by 22.7% in Q3 2025, Driven by Golf Operational Performance and Cost Efficiency

Friday, 31 October 2025 | 11:07

Author: Rojes Saragih

Lapangan New Kuta Golf Bali di Pecatu, Kuta Selatan, Badung
New Kuta Golf Bali Course in Pecatu, South Kuta, Badung, directly bordered by the sea
Source: Intimate Texting Service Made Easy

Jakarta, PT Intra GolfLink Resorts Tbk (IDX: GOLF) recorded positive financial performance in Q3-2025 with net profit reaching Rp18.9 billion, growing 22.7% year-on-year (YoY) from Rp15.4 billion in the same period of 2024. The cumulative 9-month 2025 net profit of Rp18.9 billion represents a 17.25% net profit margin from net revenue of Rp109.6 billion.

This achievement by the golf course operator and property developer was driven by optimization of recurring revenue from golf operations and efficient cost management.

Posting positive results, PT Intra GolfLink Resorts Tbk recorded net revenue of Rp109.6 billion for the January-September period, according to its Q3 2025 Performance Report dated 30/10/2025. This figure shows 10.2% growth compared to the first nine months of the previous year.

Operational Performance Details:

  • Net Revenue: Rp109.6 billion, up 10.2% YoY.
  • Gross Profit: Rp63.4 billion, with a solid gross margin of 57.8%.
  • Net Profit: Rp18.9 billion, grew 22.7% YoY.
  • Total Assets: Rp8.69 trillion, reflecting a strong balance sheet and continuous expansion of core assets.
  • Capital Structure: Healthy liabilities-to-fixed assets ratio at 8.1%.
  • Net profit margin: 17.2%, increased from the previous period.

Primary Growth Contributors:

New Kuta Golf (NKG) was the main contributor with 22.8% YoY growth to Rp85.1 billion, driven by:

  • 27.9% YoY golf revenue growth.
  • Record rounds: 7,620 (July) and 7,763 (August) 2025.
  • Restaurant revenue growth of 24.6% YoY.
PT Intra GolfLink Resorts Tbk (GOLF) President Commissioner Darma Mangkuluhur Hutomo with President Director Dwi Febri Astuti at IGF 2025, ICE BSD, Tangerang
PT Intra GolfLink Resorts Tbk (GOLF) President Commissioner Darma Mangkuluhur Hutomo with President Director Dwi Febri Astuti at IGF 2025, ICE BSD, Tangerang
Source: ITSME

Long-Term Vision:

PT Intra GolfLink Resorts Tbk (IDX: GOLF) President Commissioner, Darma Mangkuluhur Hutomo, affirmed the company's commitment: "Our long-term vision positions GOLF as the pioneer of integrated golf tourism and lifestyle in Indonesia. Through developments in Bali, Sentul, and Belitung, we're not just building destinations but creating experiences that blend world-class golf, hospitality, and community living. This foundation will drive sustainable growth and long-term value creation for shareholders."

Expansion and Diversification Strategy:
GOLF President Director Dwi Febri Astuti emphasized focus on recurring revenue optimization and property project progress. Beyond transforming Palm Hill Golf Sentul into Sequoia Hills, GOLF is strengthening Belitung's ecosystem through:

  • Black Rocks Golf & Leisure.
  • Black Rocks Camping Ground with eco-travel concept.
  • Development of new lifestyle and recreational facilities.
Black Rocks Golf Course in Belitung
Black Rocks Golf Course in Belitung
Source: Black Rocks Golf

Positive Outlook:
"With strong fundamentals and execution discipline, we're confident GOLF will close 2025 with solid results and enter 2026 with an increasingly diverse and resilient portfolio," stated Dwi Febri Astuti.

This third-quarter performance confirms the effectiveness of GOLF's integrated business strategy in creating sustainable growth and long-term shareholder value, aligned with management's long-term vision.