PALMOILMAGAZINE, JAKARTA — PT Pradiksi Gunatama Tbk (PGUN), a palm oil company owned by Indonesian tycoon Andi Syamsuddin Arsyad (popularly known as Haji Isam), delivered a remarkable financial performance in the first half of 2025.
According to its financial report as of 30 June 2025, the company booked a net profit of Rp83.53 billion — soaring 690% from Rp10.57 billion in the same period last year.
This surge propelled the company’s basic earnings per share from Rp1.84 to Rp14.56, reflecting not only stronger revenues but also improved operational efficiency amid tight competition in the palm oil sector.
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PGUN’s stellar results were supported by a 48.9% increase in net revenue, rising from Rp258.63 billion in H1 2024 to Rp385.17 billion this year. Crude palm oil (CPO) continued to be the main revenue contributor, generating Rp332.19 billion — up from Rp237.92 billion in the previous year.
Kernel sales also rose sharply from Rp18.61 billion to Rp52.40 billion, although palm shell sales declined steeply from Rp2.09 billion to Rp571.13 million.
Despite higher cost of goods sold (up from Rp211.28 billion to Rp242.45 billion), the company posted a strong gross profit of Rp142.71 billion — a significant leap from Rp47.35 billion last year. Operating income also surged, from Rp32.89 billion to Rp119.09 billion in the first six months of 2025.
From a balance sheet perspective, total assets slightly increased to Rp2.64 trillion as of the end of June 2025 (versus Rp2.63 trillion at end-2024), while total liabilities declined from Rp846.24 billion to Rp781.26 billion — lifting total equity to Rp1.86 trillion from Rp1.79 trillion.
With these achievements, PGUN has solidified its reputation as a major player in Indonesia’s palm oil industry, demonstrating strong adaptability and innovation despite commodity price volatility and global headwinds. (P2)
