New Kuta Golf Boosts Performance as PT Intra Golflink Resorts Records Stable Profit

Sentul, Bogor Regency - PT Intra Golflink Resorts Tbk (GOLF) outlined its strategic direction and latest performance achievements during the 2025 Public Expose, held as a form of corporate transparency to the public and shareholders. On this occasion, GOLF President Director Dwi Febri Astuti directly led the presentation on performance, business projections, and development plans strengthening the company's position as a developer of premium resorts, golf courses, and tourist destinations in Indonesia.

In her presentation, Dwi Febri Astuti explained that the golf sector is one of the company's performance pillars for 2025. 

“This growth indicates that interest in premium golf, both from domestic and international tourists, continues to increase,” she stated on Wednesday, December 3, 2025.

New Kuta Golf was also a primary driver. In Q3-2025, revenue from this unit surged 22.8 percent. Increases were also seen in the restaurant sector and the number of rounds played during the 9M25 period, helping to strengthen the company's operating margin. Overall golf performance reflects solid consolidation across all of the company's leisure units.

On the property side, several residential projects showed strong market absorption. The Skopila residential cluster at The Links Golf Villa Bali sold 24 units worth Rp178.2 billion within just three weeks. The Bukit Tungo project and the Palm Hill area with Trinity also recorded sales rates of 60–100%, indicating high interest in premium residences integrated with golf facilities.

The Sequoia Hills Sentul project also contributed to growth. Land sales through the KSO (Joint Operation) scheme contributed significantly to Q3-2025 revenue. Initial unit handovers proceeded throughout 2025 according to the developer's plan, strengthening the company's property revenue stream.

Strengthening Financial Performance and Robust Asset Structure

Dwi Febri Astuti reported that the company booked marketing revenue of Rp218 billion as of September 2025, with a year-end target of Rp250 billion. The company's net profit reached Rp106 billion, growing 10.2 percent year-on-year, indicating stable performance improvement.

Dwi Febri Astuti also announced Q3-2025 revenue achievement of Rp109.6 billion and net profit of Rp18.9 billion. 

“Performance was boosted by New Kuta Golf, Palm Hill Sentul, and the recognition of Sequoia Hills land sales through KSO,” she said.

The company recorded total assets of Rp8.69 trillion as of 9M25, consistent with annual asset growth reaching Rp8.6 trillion. Meanwhile, bank loans stood at Rp600 billion, representing a debt-to-asset ratio of only 8%. 

“This demonstrates a strong and conservative financial structure, placing the company in a very healthy position for expansion,” stated Dwi.

The company's gross margin also remained strong at 57.8 percent, despite some projects still being in their capex phase. Dwi emphasized that the combination of property diversification and golf operations is an effective strategy for maintaining cash flow and margins. 

“The strategy of diversifying property and golf operations safeguards cash flow and margins,” she affirmed.

Expansion of Leisure Facilities and Long-Term Vision

To strengthen the tourist destination ecosystem, GOLF continues to expand supporting leisure facilities for area growth. Key priority developments include Laskar Pelangi Beachwalk Plaza, a decor camping ground area, a hybrid driving range, and the construction of the Banyan Tree luxury boutique hotel projected to contribute Rp200–300 billion annually.

These development activities are designed to strengthen the golf tourism ecosystem while providing premium experiences for tourists and area residents. This momentum is further supported by the growth of international tourists to Bali and increasing global interest in golf activities.

The company also implements social responsibility programs through community health center rehabilitation, coral reef preservation, and local MSME empowerment. Dwi mentioned that synergy between leisure, tourism, and property not only strengthens the core business but also drives regional economic impact.

In closing, Dwi Febri Astuti affirmed that the company's long-term direction continues to rely on integrating golf courses as the anchor, with property development and hospitality as value-added sources. 

“All developments are curated to provide premium experiences for visitors and strengthen Indonesia's position as a regional golf tourism destination,” she emphasized.

The 2025 Public Expose also reflects GOLF's commitment to implementing good corporate governance, transparency, and providing comprehensive information to all stakeholders. The Q3 2025 performance further solidifies GOLF's position as an integrated leisure-property player requiring mature risk management for sustainable growth.