JAKARTA – PT Astra Agro Lestari Tbk (IDX: AALI) reported strong financial results for the first half of 2026, with net profit attributable to owners of the parent entity reaching IDR 1.10 trillion as of June 2026. This marks a 56.5% increase from IDR 702.12 billion in the same period last year.
Profitability improved due to net revenue of IDR 15.26 trillion in the first half of 2026, a 5.62% year-on-year increase from IDR 14.45 trillion in the same period of 2025.
Basic earnings per share (EPS) rose to IDR 570.94, up from IDR 364.80 in the first half of the previous year.
Tingning Sukowignjo, Director of PT Astra Agro Lestari Tbk, attributed the positive results to significant production cost efficiencies achieved despite raw material price volatility. She noted that Astra Agro maintained optimal production levels while advancing its replanting programme to replace ageing oil palm trees.
“We will continue to strengthen our long-term performance while consistently upholding the principles of good corporate governance,” said Tingning.
Tingning also noted that stronger global Crude Palm Oil (CPO) prices contributed to the company’s improved financial performance in the first half of the year.
“The increase in global CPO prices has provided positive momentum for the company’s revenue growth and profitability,” she added.
Gross profit increased by 12.53% to IDR 2.53 trillion as of June 2026. The cost of revenue remained stable at IDR 12.73 trillion, compared with IDR 12.20 trillion in the same period last year.
The CPO and derivative products segment remained the primary revenue contributor, generating IDR 13.61 trillion. The palm kernel and derivative products segment contributed IDR 1.64 trillion, while other business segments generated IDR 7.40 billion.
As of June 2026, total liabilities were IDR 4.25 trillion, up from IDR 2.89 trillion at the end of December 2025. Total equity increased slightly to IDR 24.61 trillion from IDR 24.16 trillion at year-end 2025.
As of 30 June 2026, Astra Agro’s cash and cash equivalents totaled IDR 5.15 trillion, compared with IDR 6.32 trillion in the same period last year. Despite a lower cash position, the company achieved significant earnings growth, supported by stronger CPO prices and favorable market conditions.
These results demonstrate Astra Agro’s ability to maintain operational resilience, improve efficiency, and create sustainable value for shareholders amid changing market dynamics.
