99 Tekno, JAKARTA. PT Famon Awal Bros Sedaya Tbk (PRAY), operating under the Primaya Hospital Group, has reported significant revenue growth for the first quarter of 2026. The company achieved revenues of Rp 686.68 billion, marking a substantial 25.1% increase year-on-year (YoY) compared to Rp 548.83 billion in the same period last year.
This upward trend in revenue was driven by several key factors, as highlighted by PRAY’s President Director, Leona A. Karnali. The performance of newly established hospitals, coupled with the enhanced operational efficiency of existing facilities, contributed significantly. Furthermore, growth in non-hospital units, including Westerindo and the Smart Fertility Clinic, also played a crucial role in the company’s financial success.
Primaya Hospital Group is also strategically expanding its service offerings to include advanced medical treatments. Among these are robotic rehabilitation services for injuries, utilizing cutting-edge Cyberdyne HAL technology, and HIPEC (Hyperthermic Intraperitoneal Chemotherapy) for managing abdominal cancers. These initiatives underscore the group’s commitment to developing specialized services powered by the latest medical technology.
Financially, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a healthy increase of 22% compared to the first quarter of the previous year. However, the net profit for Q1 2026 experienced a dip of 48.6% YoY, settling at Rp 21.35 billion, down from Rp 41.56 billion in the prior year.
Looking back at the full year 2025, PRAY recorded revenues of Rp 2.43 trillion, representing a 16% YoY growth. Net profit for the same period also saw an improvement, rising by 9% YoY to Rp 211.4 billion.
For 2026, Primaya has set ambitious targets, aiming for revenue growth of 15%–20% and an EBITDA increase of 20%–25%. These projections are underpinned by the company’s strategic focus on expanding its hospital network, bolstering its specialized service lines, and embracing digital transformation across its operations.
As part of its ongoing development strategy, PRAY is set to expand its footprint with the opening of new buildings at Primaya Hospital PGI Cikini and Primaya Hospital BSD. Leona emphasized the group’s dedication to continuously enhancing its service capabilities, fostering innovation in both medical and digital realms, and building a more integrated healthcare ecosystem that addresses the evolving needs of the community.
“Through enhanced services, continuous innovation, and the development of an integrated healthcare ecosystem, Primaya Hospital is committed to growing alongside the needs of the Indonesian people,” stated Leona in a press release on Tuesday, May 26.
Summary
Primaya Hospital Group (PRAY) reported a significant 25.1% year-on-year revenue increase in the first quarter of 2026, reaching Rp 686.68 billion. This growth was primarily fueled by the performance of newly established hospitals, enhanced operational efficiency in existing facilities, and contributions from non-hospital units. While EBITDA grew by a healthy 22%, the net profit for Q1 2026 experienced a 48.6% dip, settling at Rp 21.35 billion.
The company is strategically expanding its service offerings to include advanced treatments like robotic rehabilitation and HIPEC for abdominal cancers, demonstrating a commitment to specialized medical technology. For 2026, Primaya aims for 15%-20% revenue growth and 20%-25% EBITDA increase, supported by network expansion, strengthening specialized services, and digital transformation. These plans include opening new buildings at Primaya Hospital PGI Cikini and Primaya Hospital BSD to meet evolving community needs.