PTPN Group recorded stronger operational and financial performance in the first half of 2026, supported by higher productivity, improved efficiency, and ongoing business transformation.
PALMOILMAGAZINE, JAKARTA — Holding Perkebunan Nusantara PTPN III (Persero), or PTPN Group, maintained its growth momentum in the first half of 2026, posting solid operational and financial performance despite continued dynamics in the plantation industry.
The state-owned plantation group recorded a 10.89% increase in sales to IDR 29.1 trillion, while Net Operating Cash Flow (NOCF) rose 13.4% to IDR 5.53 trillion compared with the first half of 2025. The performance reflects the company’s efforts to improve productivity, strengthen operational efficiency, and optimize business processes across the PTPN Group.
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Denaldy Mulino Mauna, President Director of Holding Perkebunan Nusantara PTPN III (Persero), said the first-half performance demonstrated the company’s consistency in implementing its transformation agenda with a focus on long-term value creation.
“Our focus is on strengthening productivity, efficiency, and execution speed so that PTPN Group becomes increasingly competitive and can make a greater contribution to the national economy,” Denaldy said, as quoted by PalmOilMagazine on Friday (Aug. 14, 2026).
The company also strengthened its financial position during the period. Total assets increased 9.94% year-on-year to IDR 167.9 trillion, while equity rose 8.42% to IDR 76.74 trillion.
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Denaldy said PTPN Group’s business programs are being aligned with Danantara’s strategic priorities, particularly in supporting national food and energy security, accelerating downstream development and value creation, strengthening the transformation of state-owned enterprises to compete globally, and driving sustainable growth.
To sustain its growth momentum, PTPN Group is also strengthening operational discipline through its Productivity, Cost, and Speed (PCS) approach across all business lines.
“By maintaining discipline in productivity, cost control, and execution speed, we are optimistic that we can strengthen the company’s competitiveness while creating sustainable added value for the country and society,” Denaldy said.
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The first-half performance underscores PTPN Group’s efforts to build a stronger business foundation while continuing its transformation toward a more efficient, competitive, and sustainable plantation enterprise. (P3)
