PALMOILMAGAZINE, JAKARTA – PT Austindo Nusantara Jaya Tbk. (ANJ) [IDX: ANJT] held its Annual General Meeting of Shareholders (AGMS/RUPST) on May 22, 2025, at the company’s headquarters in Jakarta. A key agenda item was the approval of the company’s 2024 Annual Report and the ratification of its Financial Statements for the fiscal year ending December 31, 2024.
Themed “Kepemimpinan Tangguh: Mengarungi Tantangan dengan Keteguhan”, the Annual Report provides a comprehensive overview of ANJ’s operational and financial performance, as well as its ongoing commitment to sustainable business practices.
Despite a challenging operational landscape, ANJ recorded a significant increase in net profit, reaching USD 9.2 million in 2024—a 106.7% rise from USD 4.4 million in 2023. This strong performance is also reflected in the company’s net profit margin, which improved from 1.87% to 3.87%, marking a 107.3% increase.
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“Despite the adversities faced in 2024, ANJ demonstrated resilience and delivered robust earnings growth. This achievement reflects our consistent focus on operational efficiency and sustainable practices. Our Annual and Sustainability Reports transparently outline the strategic efforts and accomplishments that created value for all stakeholders,” said Suhendro, President Director of ANJ, in a statement to Palmoilmagazine.com.
Regarding the allocation of net income for the fiscal year ending December 31, 2024, the company decided not to distribute dividends. Instead, the net profit will be retained to strengthen ANJ’s working capital amid ongoing market uncertainties.
Shareholders also approved the delegation of authority to the ANJ Board of Commissioners to appoint a Public Accountant and an Independent Public Accounting Firm to audit the company’s 2025 financial statements, taking into account recommendations from ANJ’s Audit Committee.
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Furthermore, the AGMS authorized the Nomination and Remuneration Committee to determine the salary, honorarium, and other benefits for members of the Board of Directors and the Board of Commissioners for the 2025 fiscal year, as a recognition of their dedication and contributions to the company’s growth.
Suhendro expressed his gratitude for the continued support of all stakeholders. “We sincerely thank our shareholders and stakeholders for their trust and continued support. The outcomes of this AGMS will serve as a foundation for us to execute our corporate strategy with a strong focus on sustainable growth and long-term value creation,” he concluded.
ANJ remains committed to enhancing its operational and financial performance while upholding responsible and sustainable business practices. (P3)
