Unaudited Profit Reaches IDR 6 Trillion, PalmCo Successfully Makes a Performance Leap

JAKARTA - The Subholding of Perkebunan Nusantara PTPN III (Persero), PTPN IV PalmCo, recorded very positive financial performance growth throughout the 2025 fiscal year. Based on the unaudited financial statements, the company successfully recorded a net profit of IDR 6.19 trillion, or grew 65 percent year-on-year (year-on-year/YoY).

PTPN IV PalmCo President Director, Jatmiko K. Santosa, revealed that this improvement in financial performance was a direct impact of the discipline of executing strategies across all lines.

"Our focus is centered on three main things, starting from increasing productivity, proper efficiency, and optimizing assets that are consistently carried out. The achievement of unaudited profit of IDR 6.19 trillion is not just a windfall profit from commodity price fluctuations, but a real impact on the transformation and fundamental improvement of the way we work," said Jatmiko in his statement, Monday, March 2.

The increasingly solid operational fundamentals are the starting point for the leap in PTPN IV PalmCo's performance. In terms of upstream productivity (on-farm), the company recorded an increase in Fresh Fruit Bunch (TBS) productivity of 20.63 tons per hectare (ton/ha), growing 3 percent YoY.

Meanwhile, from the downstream or processing side, the Crude Palm Oil (CPO) productivity recorded even better performance, reaching 4.70 tons/ha, or growing 9 percent year-on-year.

Jatmiko said the net profit growth of up to 65 percent YoY was inseparable from the success of the company's efficiency program, which is now the main engine of profitability.

"We can reduce the level of losses (losses). Increase the yield of palm oil through plant modernization. And encourage the digitization of business processes that sharpen supervision and decision-making that is oriented towards effectiveness and efficiency," said Jatmiko.

"The impact is very clear, the company's EBITDA margin strengthened at the level of 26.05 percent, up 11.44 percent compared to the previous period. The increase in profit also shows a growth leap in the company's Return on Asset ratio," he continued.

Along with the sharp increase in profits and efficiency, Jatmiko said, the indicator of asset management effectiveness or Return on Asset (ROA) also showed a very positive trend. The realization of PalmCo's ROA touched 7.9 percent, surpassing the company's initial target of 4.9 percent.

Regarding the achievement of these assets, Jatmiko explained that the strengthening trend has been ongoing.

"Compared to 2024 which is at the level of 5.3 percent, our ROA has grown by about 49 percent. This upward trend has been consistent since 2023, which means that cumulatively in the last three years, the asset profitability indicator has increased more than doubled," said Jatmiko.

"This significant increase in ROA shows that every rupiah of assets entrusted to PalmCo has been managed very productively, efficiently, and provides maximum added value. In the future, we will continue to strengthen this operational excellence to ensure national energy and food security, as well as provide the best dividends for the country," he said.