PALMOILMAGAZINE, JAKARTA — Palm oil producer PT Jhonlin Agro Raya Tbk. (JARR), owned by national businessman Haji Isam, posted impressive results in the first half of 2025, with net profit surging 82.58% year-on-year to Rp160.39 billion, up from Rp87.84 billion in the same period last year.
According to its financial report as of June 30, 2025, JARR’s net sales rose 18.66% YoY to Rp2.04 trillion, compared to Rp1.71 trillion in H1 2024. The jump was largely driven by a 146.03% increase in sales to PT Pertamina Patra Niaga, which totaled Rp1.11 trillion, up from Rp763.90 billion a year earlier.
Although sales to the Plantation Fund Management Agency (BPDP) declined to Rp155.33 billion from Rp285.63 billion, JARR managed to sustain growth by diversifying its customer base. Sales to PT Andifa Perkasa Energi also grew significantly to Rp264.92 billion, up from Rp196.35 billion.
On the downside, sales to PT AKR Corporindo dropped 37.13%, from Rp302.29 billion to Rp190.05 billion. Despite this, total revenue still rose substantially, pushing gross profit up 70.70% to Rp300.10 billion.
With higher sales volume, cost of goods sold increased 12.74% YoY to Rp1.74 trillion, yet operational efficiency was maintained. Operating profit jumped 81.36% to Rp263.11 billion, compared to Rp145.08 billion in the first half of 2024.
As reported by Bisnis Indonesia, this strong performance has also improved the company’s financial health. By the end of June 2025, JARR’s liabilities fell 7.27% to Rp2.22 trillion, while equity rose 6.36% to Rp1.80 trillion. Despite a slight 1.62% decrease in total assets to Rp4.03 trillion, JARR’s balance sheet remains solid.
In the capital market, JARR’s stock rose 5.85% (up 24 points) to Rp434 per share in the morning session on Monday (July 28, 2025) at 10:00 AM WIB. Year-to-date, the stock has climbed 27.65%, reflecting investor optimism about the company’s business outlook. (P2)
