PALMOILMAGAZINE, JAKARTA – PT Sawit Sumbermas Sarana Tbk. (SSMS) has approved the distribution of a cash dividend totaling IDR 800 billion to its shareholders, equivalent to IDR 83.99 per share or 68.92% of the company’s attributable net profit for the year. The decision was finalized during the company’s Annual General Meeting of Shareholders (AGMS) held on Thursday.
The dividend will be distributed proportionally to all shareholders based on their respective ownership stakes. This move underscores the company’s commitment to consistently deliver value to investors, supported by stable operational performance despite ongoing volatility in the palm oil industry.
The remaining net profit, amounting to IDR 360.69 billion or 31.08%, has been allocated as retained earnings to strengthen the company’s financial position and support future business expansion.
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During the same meeting, shareholders also approved the reappointment of Rimbun Situmorang as Commissioner, ensuring continuity in leadership and maintaining effective corporate oversight.
President Director Jap Hartono emphasized that SSMS continues to enhance its sustainability governance by advancing supply chain traceability systems, implementing responsible plantation practices, and complying with both national and international certification standards, including Roundtable on Sustainable Palm Oil (RSPO) and Indonesian Sustainable Palm Oil.
According to him, these initiatives are not only aimed at regulatory compliance but also at strengthening the company’s position as a responsible and competitive palm oil producer in the global market.
“Through disciplined operational management and stronger sustainability governance, the company has been able to maintain performance stability amid an evolving industry landscape,” he stated in an official release on Thursday (April 30, 2026).
Looking ahead to 2026, SSMS remains optimistic about the palm oil sector’s growth trajectory. The outlook is supported by projected increases in global demand for vegetable oils, driven by population growth, expansion in the food industry, and rising demand for more sustainable alternative energy sources.
With a balanced business strategy, reinforced sustainability commitments, and favorable global market dynamics, SSMS believes the palm oil industry will continue to play a strategic role in supporting Indonesia’s economic growth in the years ahead. (P2)
