PIK2 Developer CBDK Posts 11% Revenue Growth, 39% Net Profit Increase in First Nine Months of 2026
Business

PIK2 Developer CBDK Posts 11% Revenue Growth, 39% Net Profit Increase in First Nine Months of 2026

PT Bangun Kosambi Sukses Tbk (CBDK) reported an 11% year-on-year revenue increase to Rp 2.56 trillion in the first nine months of 2026. This growth was driven by a 67% surge in commercial land plot handovers in the PIK2 area, contributing to a 39% rise in net profit to Rp 1.82 trillion, demonstrating the company's resilience in a recovering property market.

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