Fore achieves 62% YoY EBITDA growth in 9M25, supported by strong revenue and store expansion

Published on October 24, 2025

PT Fore Kopi Indonesia Tbk (FORE) reported strong financial results for the nine-month period of 2025, recording a 62% year-on-year (YoY) growth in EBITDA to IDR 200.6 billion, surpassing its full-year 2024 achievement of IDR 189 billion. The company also posted a 43% YoY increase in revenue to IDR 1.04 trillion, while net profit rose 42% YoY to IDR 60.1 billion.

According to Vico Lomar, President Director of PT Fore Kopi Indonesia Tbk, this performance was driven by a combination of strong operational execution and network expansion.

“This impressive performance reflects our ability to execute consistently and grow resiliently amid dynamic market conditions,” said Vico.

Fore Donut: A new category for growth

September marked a significant milestone for the company with the debut of Fore Donut, a new product line under the Fore Coffee brand. The first Fore Donut store opened at Supermall Karawaci, and customer enthusiasm was immediate — all donut production was sold out during the opening month, with queues forming even before mall hours.

“Fore Donut is made with natural ingredients, such as pumpkin, and goes through a special fermentation process that yields a unique texture. Given the size of the market potential and the limited number of players in this segment, Fore Donut started as a promising new category within Fore Coffee,” Vico added.

Expanding footprint across regions

Between January and September 2025, Fore Coffee opened over 60 new outlets, in line with its growth strategy for the year. As of September 2025, the company operates 290 stores across more than 50 cities in Indonesia and Singapore, reflecting its continued regional momentum.