Bumitama Agri has reported a net profit of IDR602.9 billion ($47 million) for the 3QFY2025 ended Sept 30, up 1% y-o-y. Core profit for the 3QFY2025 rose 27% y-o-y to IDR636.4 billion.
For the 9MFY2025, net profit came in 28.5% y-o-y higher at IDR1.87 trillion.
The group’s revenue for 3QFY2025 came in 2.8% y-o-y lower at IDR3.87 trillion, but rose 17.5% y-o-y for the 9MFY2025 to IDR13.6 trillion.
The group says that production recovery progressed as expected, productivity improved and palm oil futures continued to remain within the upper band of the MYR3,500-4,500 per ton range, prevailing in the past three years.
Fresh fruit bunches (FFB) harvest from internal sources remained stable in 3QFY2025 amounting to 884,408 tons, or 2% q-o-q higher and 10% y-o-y higher. Cumulatively, FFB internally reached 2.54 million tons in 9MFY2025, or 8% y-o-y higher. This was achieved amid record breaking rains in Central Kalimantan estates during September 2025.
Bumitama says that the fourth quarter is still predicted to be the peak crop cycle of the year.
In 9MFY2025, crude palm oil (CPO) production rose 18% y-o-y due to better field productivity and robust growth performance from third parties FFB, which spiked 33% y-o-y to reach 1.66 million tons for the period.
The rise of third party FFB proportion rose 11% from 13.0 to 14.4 tons per hectare and oil extraction rates averaged 0.2% y-o-y higher to reach 22.3% in 9MFY2025.
Shares in Bumitama Agri closed 2 cents lower or 1.33% down at $1.48 on Nov 13.
