A first and final dividend has been recommended for FY2025, with details to be &lsquo announced at a later date&rsquo

 

[SINGAPORE]   Indofood Agri Resources   : 5JS 0% on Friday (Feb 27) posted a 13.6 per cent rise in net profit to 932.4 billion rupiah (S$70.4 million) for its second half ended Dec 31, 2025, from 820.8 billion rupiah for the year-ago period.

 

Revenue came in at 11.7 trillion rupiah, up 30.8 per cent from 8.9 trillion rupiah a year earlier. The improved showing came on the back of &ldquo higher selling prices and increased volume&rdquo in its plantation and edible oils and fats (EOF) divisions.

 

At the same time, the group&rsquo s other operating expenses fell, while foreign exchange gains rose these offset a slight decline in gross profit caused by higher palm production costs.

 

Earnings per share for H2 FY2025 rose to 668 rupiah from 588 rupiah previously.

 

The plantation segment&rsquo s revenue climbed 14 per cent amid &ldquo higher sales volume and selling prices of palm products&rdquo . However, its operating profit declined 5 per cent &ldquo due to higher palm production costs and lower fair-value gains on biological assets&rdquo .

 

The EOF segment, meanwhile, clocked 23 per cent revenue growth through &ldquo competitive pricing strategies&rdquo and higher sales. Its operating profit fell 4 per cent year on year the group said this was &ldquo largely due to lower income from the sale of export allocation rights&rdquo .

 

For the full year, Indofood Agri&rsquo s net profit rose 13.5 per cent to 1.3 trillion rupiah revenue grew 31.9 per cent to 21.1 trillion rupiah.

 

A first and final dividend was recommended for FY2025, with details to be &ldquo announced at a later date&rdquo . The dividend will be subject to shareholder approval at Indofood Agri&rsquo s annual general meeting in end-April.

 

Commodity volatility to persist

With commodity prices &ldquo expected to remain volatile&rdquo due to supply-and-demand dynamics, weather patterns and geopolitical risks, Indofood Agri said it will &ldquo continue to focus on targeted action plans&rdquo .

 

Indofood Agri Resources&rsquo H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices

 

Through such plans, the group will seek to &ldquo improve operational outcomes, strengthen cost controls, drive agronomic innovations and prioritise capex in critical areas&rdquo .

 

The expansion of Indofood Agri&rsquo s Tanjung Priok refinery, which was completed in the fourth quarter of 2025, added a third production line &ldquo capable of processing up to 450,000 tonnes of CPO (crude palm oil) per year&rdquo .

 

The group added that its EOF segment will leverage the expanded refining capacity and advanced technologies to &ldquo increase sales volumes through competitive pricing, strengthen distribution networks and ensure consistent product availability&rdquo .

Earnings per share climbs 13.4% to 242 rupiah, from 213 rupiah in H1 2024

 

[SINGAPORE] Indofood Agri Resources : 5JS +2.94% on Friday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its first half ended June, from 297.9 billion rupiah in the year-ago period. 

 

In tandem with its bottom line growth, earnings per share climbed 13.4 per cent to 242 rupiah, from 213 rupiah previously. 

 

The improvements came amid higher domestic crude palm oil prices, supported by Indonesia&rsquo s biodiesel mandate, the agribusiness group said. 

 

Its revenue stood at 9.4 trillion rupiah, up 33.2 per cent from 7.1 trillion rupiah previously. This came on the back of higher revenue contributions from its plantation and edible oil and fats segments. 

 

The plantation segment&rsquo s revenue climbed 32 per cent for the half year amid higher selling prices and sales volume of palm products, resulting in a 39 per cent increase in operating profit from H1 2024. 

 

Meanwhile, the edible oil and fats segment clocked 19 per cent revenue growth driven by higher sales selling prices, although its operating profit fell 10 per cent due to higher purchase costs of crude pail oil. 

 

No dividend was recommended for the six-month period, unchanged from the previous year. 

 

Subdued demand expected 

With commodity prices set to stay volatile due to uncertainties surrounding weather conditions and geopolitical conflicts, the group expects global demand growth to remain subdued. 

 

Its plantation segment will continue to focus on improving operational results, strengthening cost controls, driving innovations that boost plantation productivity and prioritising capital investments in critical areas. 

 

The expansion for its Tanjong Priok refinery, set to complete in the second half of 2025, will increase the annual capacity of its total crude palm oil refining from 1.7 million tonnes to 2.2 million tonnes a year. 

 

The group added that its edible food and fats segment will focus on expanding sales volumes through competitive pricing strategies and enhanced distribution. 

This was 236% higher than in the year-ago period the company says higher commodity prices delivered the improved H1 results

 

INDOFOOD Agri Resources : 5JS 0%posted a net profit of 297.9 billion rupiah (S$24.5 million) for the first half ended Jun 30, up 236 per cent from the 88.6 billion rupiah posted in the year-ago period. 

 

The improved profitability came mainly from higher gross profit from the plantation division, higher gains on biological assets, foreign-exchange gains and lower financial expenses, the agribusiness group said on Wednesday (Jul 31).

 

The company said: &ldquo After the extreme volatilities experienced in 2022, the prices of vegetable oils, including palm oil, showed signs of stabilisation, with fluctuations moving within a much narrower range in 2023.&rdquo

 

The group added: &ldquo In line with the higher commodity prices, the group delivered an improved set of results in H1.&rdquo

 

Revenue fell 7.3 per cent to 7.1 trillion rupiah from 7.6 trillion rupiah the year before.

 

The decline in revenue was attributed mainly to lower sales volumes of crude palm oil and palm kernel related products, and the lower selling prices of edible oils and fats products. 

 

Indofood Agri Resources said: &ldquo Commodity prices are expected to remain highly volatile amid uncertainties from weather conditions and geopolitical conflicts. The global outlook and demand growth are likely to remain subdued due to weaker economic growth and challenging macroeconomic factors.&rdquo

 

Earnings per share stood at 213 million rupiah, up from 64 million rupiah in the preceding year. 

 

The group&rsquo s plantation division will continue to focus on crop management to raise the yields from fresh fruit bunches it will also strive to improve cost control and raise plantation productivity. 

 

Its refinery operations will continue to focus on the growth and recovery of the sales volumes of edible oils and fats through competitive pricing, and through Indonesia&rsquo s growing population and rise in per capita income, the group said. 

 

No dividend was declared for H1, unchanged from the year before. 

 

INDOFOOD Agri Resources : 5JS -1.79% on Thursday (Feb 29) posted a net profit of 525.6 billion rupiah (S$45 million) for the second half ended Dec 31, 2023, up 1.5 per cent from 518 billion rupiah in the corresponding year-ago period.

 

Earnings per share stood at 377 rupiah, also inching up 1.5 per cent from 371 rupiah in H2 2022.

 

Revenue, however, fell by 13.7 per cent for the half year to 8.4 trillion rupiah from 9.7 trillion rupiah a year earlier.

 

For the financial year, revenue was down 10.1 per cent to 16 trillion rupiah from 17.8 trillion rupiah. Net profit went down 20.2 per cent, to 614.2 billion rupiah from 770 billion rupiah in 2022.

 

The agribusiness group noted in its bourse filing that this was due mainly to lower gross profit and losses from foreign exchange.

 

&ldquo The group&rsquo s gross profit declined 15 per cent in H2 2023 and 28 per cent in FY2023, mainly due to lower average selling prices of palm and edible oils and fats (EOF) products,&rdquo it said. It noted, however, that the decline was partly offset by higher sales volume of palm products.

 

It also recognised a foreign-exchange loss of 1.7 billion rupiah in FY2023, mainly due to the translation of US dollar-denominated assets, reversing a gain of 66.6 billion rupiah a year earlier. The loss was mainly due to the strengthening of the rupiah against the US dollar.

 

The group expects commodity prices to remain &ldquo highly volatile amid uncertainties from weather conditions and geopolitical conflicts&rdquo , and for demand growth &ldquo to remain subdued due to weaker economic growth and challenging macroeconomic factors&rdquo .

 

It is confident that the EOF market in Indonesia will expand, in line with the increasing population and per capita income growth trends.

 

&ldquo We aim to focus on the growth and recovery of EOF sales volumes through competitive pricing strategies,&rdquo the group added.

 

The board of directors has recommended a first and final dividend subject to shareholders&rsquo approval. The amount of the dividend, as well as the payable date, will be announced later.

 

A first and financial dividend of S$0.008 was declared for the corresponding period the year before.