JAKARTA – Despite stable revenue, the net profit of PT Siloam International Hospitals Tbk (SILO) surged by 913.46% year-on-year in the first quarter of 2025.

According to a press release on Wednesday (28/2), Ratih Hadiwinoto, Senior GM Corporate Secretary of SILO, stated that the company maintained stable operational and financial performance. “This reflects disciplined execution and effective network optimisation,” she said.

In Q1 2025, SILO’s net revenue inched up 0.4% to IDR 2.35 trillion, from IDR 2.34 trillion in the same period last year. EBITDA declined by 5.1% to IDR 670.28 billion from IDR 706.25 billion, while net profit jumped from IDR 25.26 billion to IDR 256 billion.

However, these results were slightly lower than in Q4 2024, when revenue stood at IDR 2.39 trillion, EBITDA at IDR 647.22 billion, and net profit at IDR 280.79 billion.

This decline corresponds with a drop in patient volume due to the long Eid holiday and the absence of a disease season. The number of inpatients reached 75,259, inpatient days totalled 233,109, and outpatient volume stood at 1,051,195. (LK/ZH)