PALMOILMAGAZINE, TANA TIDUNG — PT Pipit Citra Perdana (PCP), in partnership with the Plasma Cooperative Koperasi Usaha Bersama Plasma Menjelutujung Perdana Lestari (KUB PMPL), has presented and distributed Production Surplus (Sisa Hasil Produksi/SHP) for the October–December 2025 period to cooperative members. The activity took place in Tana Tidung Regency, North Kalimantan, as part of the core company’s contractual obligations to its plasma cooperative.
The SHP presentation referred to Addendum I of the Cooperation Agreement No. 001/DMJL-PCP/SPK-ADM/X/2025 dated October 15, 2025, concerning the development and management of oil palm plasma plantations. The forum served as a formal accountability platform for plasma estate management and a transparency mechanism for reporting financial performance to cooperative members.
SHP Performance Record 2020–2024
During the presentation, PCP and KUB PMPL outlined SHP performance from 2020 to 2024, which showed fluctuating results. In 2020, the cooperative recorded a loss of IDR 2.27 billion. Performance improved in 2021 with a profit of IDR 1.36 billion, but losses returned from 2022 through 2024. By the end of 2024, accumulated outstanding debt stood at IDR 2.75 billion.
Also Read: Sustainable Palm Oil: A Fatamorgana?
SHP Turns Positive in 2025
In 2025, SHP performance showed a marked turnaround. During January–March and April–June 2025, the cooperative booked positive SHP, part of which was allocated to repay plasma operational debts. Although losses were recorded in July–August 2025, performance surged in September–December 2025, generating total SHP of IDR 3.09 billion for the period.
On an annual basis, total SHP for 2025 reached IDR 708.37 million, while distributable SHP amounted to IDR 3.80 billion. Under the allocation scheme—60% for plasma debt repayment and 40% for cooperative SHP—the remaining outstanding debt was reduced significantly to IDR 812.45 million.
Also Read: RSPO–FONAP Reciprocal Membership Marks New Phase of Sustainable Palm Oil Collaboration in Europe
SHP Distribution to Members
The SHP distribution was conducted in two stages. In the first phase, IDR 283.33 million was distributed to 241 households, providing approximately IDR 1.1 million per household. In the second phase, IDR 1.237 billion was distributed to 245 households, with each household receiving around IDR 5.5 million.
Cooperative’s Concerns and Position
KUB PMPL noted that operational debt burdens remain, stemming from costs managed by the company from the immature plantation phase (Tanaman Belum Menghasilkan/TBM) through the producing phase (Tanaman Menghasilkan/TM). The cooperative views this as a burden on members, as the cooperative—originally responsible only for development costs—has also had to bear operational expenses due to management losses.
KUB PMPL Secretary Ares Wahyudi conveyed the cooperative’s official stance regarding a proposed change in the profit-sharing scheme.
Also Read: Agrinas Agrarian Disputes Escalate, PURAKA Calls on President Prabowo to Step In
“With the proposed profit-sharing model of 90% for the core company and 10% for plasma, I believe such a scheme is not appropriate for implementation in 2026. I hope the profit-sharing arrangement remains at 60% core and 40% plasma, or is even reversed to 40% core and 60% plasma, as the cooperative fully holds its rights,” Ares said, as quoted by Palmoilmagazine.com on Wednesday (January 28, 2026).
The cooperative reaffirmed its commitment to supporting oil palm investment, provided it is managed fairly and transparently, involves all elements of cooperative management, and prioritizes the interests of members and local communities. (P2)
