Rank 8 of Oil Palm Plantation Companies with the Highest Net Profits

Rank 8 of Oil Palm Plantation Companies with the Highest Net Profits

Palmoilmagazine, Asmaul habib Hasibuan Sawitfest 2021

Palmoilmagazine, JAKARTA – More expensive crude palm oil (CPO) in the globe happened for the supply issues of other vegetable oils and this is positive for palm oil plantation companies that operate CPO mills.

As quoted from Dataindonesia.id, there are 8 (eight) palm oil plantation companies that got the high net profits in the first semester of 2022. Seen from the net profit – progress, PT Palma Serasih Tbk. (PSGO) was the best one because the net profits increased up to 871,52% (year on year/yoy) from Rp 17,32 billion to be Rp 168,24 billion.

The second was PT Triputra Agro Persada Tbk. (TAPG) that got increasing net profits up to 338,51% (yoy) from Rp 405,89 billion to be Rp 1,78 billion. The third was PT Dharma Satya Nusantara Tbk. (DSNG) that got increasing net profits up to 123% (yoy) from Rp207,50 billion to be Rp462,74 billion. The fourth was PT SMART Tbk. (SMAR) that booked increasing net profits 91,98% (yoy) from Rp 1 billion to be Rp 1,93 billion. 

The fifth was the loss in PT Eagle High Plantations Tbk. (BWPT) for having decreasing income up to 88,64% (yoy) from Rp 1,66 billion to be Rp 188,24 billion. The sixth was PT Austindo Nusantara Jaya Tbk. (ANJT) which the net profits reached up to 73,20% (yoy) from Rp 167,30 billion to be Rp 289,77 billion. 

The seventh was PT Bisi International Tbk. (BISI) that got increasing net profits 42,41% (yoy) from Rp 145,89 billion to be Rp 207,76 billion. The eighth was PT Sampoerna Agro Tbk. (SGRO) that increased 39,36% (yoy) from Rp 386,86 billion to be R p539,13 billion. (T2)

 

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