Building on a Strong Foundation, KAI Group's Assets Reach IDR 105.43 Trillion

A stronger financial foundation continues to support the delivery of safer, more reliable, and higher-quality rail services. During the 2025 financial year, KAI Group recorded consolidated assets of IDR 105.43 trillion, representing an 8.58% increase from IDR 97.10 trillion in 2024. The performance was presented at the company's Annual General Meeting of Shareholders (AGMS).
The growth in assets reflects KAI Group's continued commitment to strengthening long-term rail services across Indonesia. By managing its assets productively and responsibly, the company continues to enhance its ability to maintain safety standards, improve operational reliability, modernize rolling stock and infrastructure, upgrade customer facilities, and support both passenger mobility and national freight distribution.

Throughout 2025, KAI Group served 503.5 million passengers while transporting 69.8 million tons of freight. This extensive scale of operations highlights how the company's assets directly support everyday mobility, intercity travel, urban connectivity, and logistics services across the country.

The company's stronger asset base is also reflected in its fixed assets, which reached IDR 37.30 trillion in 2025, an increase of 26.84% from IDR 29.41 trillion in the previous year. These assets include locomotives, passenger coaches, freight wagons, station buildings, operational facilities, machinery, equipment, and other essential infrastructure that form the backbone of railway operations.

The increase in fixed assets demonstrates KAI Group's long-term commitment to expanding its operational capacity. In the railway industry, high-quality assets are closely linked to travel safety, passenger comfort, operational readiness, and the company's ability to meet growing transportation demands. Continuous investment in asset management ensures that railway infrastructure and rolling stock remain reliable and ready to support daily operations.

KAI Group also strengthened its financial position, with total equity rising by 11.23% to IDR 39.29 trillion, compared with IDR 35.32 trillion in 2024. The stronger equity position provides greater flexibility to support operational activities, maintenance programs, service improvements, and future investments that drive sustainable business growth.

The company also delivered solid profitability throughout the year. Net profit reached IDR 2.28 trillion in 2025, marking a 2.77% increase from the previous year, while operating profit grew 10.35% to IDR 8.39 trillion. These results reflect increasingly efficient asset management and operational performance while maintaining a large-scale transportation network.

On the revenue side, KAI Group generated consolidated revenue of IDR 35.76 trillion during 2025. At the same time, the company improved efficiency by reducing its cost of revenue to IDR 23.02 trillion, down from IDR 23.27 trillion in 2024, while operating expenses declined from IDR 5.23 trillion to IDR 4.35 trillion. These efficiencies support KAI Group's ongoing efforts to enhance service quality, maintain punctuality, ensure fleet readiness, and deliver consistent operations across its rail network.

The company's cash performance also showed significant improvement. Net cash generated from operating activities reached IDR 7.15 trillion, an increase of 36.43% compared with IDR 5.24 trillion in the previous year. Cash receipts from customers rose 12.68% to IDR 28.59 trillion, while cash and cash equivalents at the end of 2025 increased 37.22% to IDR 6.76 trillion.

Strong operating cash flow remains a key indicator of KAI Group's ability to sustain and continuously improve its services. Healthy liquidity enables the company to maintain railway assets, ensure operational readiness, enhance customer services, and support the needs of both passengers and logistics partners. With a stronger financial position, KAI Group is better equipped to deliver rail services that are safe, comfortable, reliable, punctual, and easily accessible.

The achievements recorded in the 2025 financial year provide a solid foundation for KAI Group to further strengthen asset management and enhance service quality in the years ahead. Supported by growing assets, stronger equity, healthy profitability, and robust operating cash flow, the company is well positioned to continue its role as Indonesia's leading provider of rail-based passenger transportation and freight logistics. Going forward, every investment in the company's assets will remain focused on creating greater value for customers, businesses, government stakeholders, and communities through increasingly reliable and sustainable railway services.