JAKARTA – Palm oil company PT Astra Agro Lestari Tbk (AALI), part of the Astra Group, recorded a 20.17% increase in net profit to IDR 277.03 billion in the first quarter of 2025.

In line with profit growth, net revenue reached IDR 7.02 trillion for the period, up 46.33% year-on-year from IDR 4.79 trillion in the same period last year.

The main contributor to AALI’s revenue came from the crude palm oil (CPO) and derivatives segment, which generated IDR 6.35 trillion. The palm kernel and derivatives segment contributed IDR 671.52 billion, while other segments added IDR 252 million.

Alongside rising revenue, the cost of goods sold also increased to IDR 6.08 trillion. Nevertheless, gross profit rose significantly by 60.98% to IDR 937.28 billion.

On the balance sheet, AALI reported total assets of IDR 29.75 trillion as of 31 March 2025, up from IDR 28.79 trillion at the end of 2024. Total liabilities rose to IDR 6.29 trillion, while total equity stood at IDR 23.46 trillion. (DH/ZH)

AALI net profit rises 20.17% in the first quarter of 2025