PALMOILMAGAZINE, JAKARTA — PT Salim Ivomas Pratama Tbk (SIMP Group) delivered a robust financial performance in the first half of 2025, with notable growth in both production and profitability.
In its interim consolidated financial report for the period ending June 30, 2025, the company reported a 2% year-on-year (yoy) increase in nucleus fresh fruit bunch (FFB) production to 1.22 million tons. This growth supported a 7% yoy rise in crude palm oil (CPO) output to 326,000 tons, driven by higher FFB supply from both nucleus and external plantations.
Revenue surged 33% yoy to IDR 9.39 trillion, boosted by stronger average selling prices for palm oil products, cooking oil, and vegetable fats, alongside increased sales volumes. Gross profit rose 42% to IDR 2.27 trillion, while operating profit climbed 24% to IDR 1.51 trillion. Net profit attributable to the owners of the parent jumped 43% to IDR 755 billion, and core profit surged 91% to IDR 1.19 trillion.
Also Read: Palm Oil Boosts Non-Oil Exports, Indonesia’s Trade Surplus Hits USD 19.48 Billion in H1 2025
Financially, the company’s net gearing ratio improved to 0.06x as of June 30, 2025, from 0.11x at the end of December 2024.
SIMP Group President Director Paulus Moleonoto noted that these results were achieved despite ongoing agribusiness challenges, including commodity price volatility, unpredictable weather, and global uncertainties.
“Throughout the first half of 2025, SIMP Group has maintained positive momentum. We remain committed to cost efficiency, operational optimization, and selective investments, while continuing to enhance productivity and implement sustainable agricultural practices,” Paulus said in an official statement on Thursday (Aug. 7, 2025), as quoted by Palmoilmagazine.com. (P2)
