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PTPN IV PalmCo Profit Jumps 54% to IDR 3.23 Trillion in H1 2026 on Higher CPO Prices
['August', 'Wib']
Palmoilmagazine.com
PTPN IV PalmCo posted IDR 3.23 trillion in unaudited consolidated net profit for the first half of 2026, supported by stronger CPO prices, higher sales and tighter cost controls.
PalmCo’s revenue reached IDR 23.41 trillion in the first six months of 2026, up 11% from the same period last year.
CPO remained the company’s largest revenue contributor, generating IDR 19.36 trillion amid stronger demand in both domestic and export markets.
Optimized fertilization and more efficient mill operations have helped maintain healthy margins, allowing higher revenue to translate directly into stronger profit,” he said.
EBITDA rose 29% year on year to IDR 6.05 trillion, while total assets increased 6% to IDR 81.57 trillion, reflecting stronger fundamentals and more efficient asset management.