Indofood Agri Resources Ltd. (IndoAgri) posted a net profit after tax of Rp1.01 trillion for the six months ended Jun 30 2026, up 32 percent year-on-year, lifted by higher operating profit and lower financing costs despite rising plantation expenses.

Revenue edged 2 percent higher to Rp9.63 trillion, while fully diluted earnings per share rose to Rp318 from Rp242 a year earlier. The board did not declare an interim dividend.

Segmentally, plantation sales climbed 15 percent to Rp7.07 trillion, supported by a 15 percent jump in crude palm oil (CPO) sales volumes to 355,000 tonnes and an average selling price of Rp14,615 per kilogram (+3 percent YoY). Edible oils and fats revenue increased 7 percent to Rp7.48 trillion, benefiting from stronger domestic demand. Adjusted EBITDA from plantations slipped 2 percent to Rp1.83 trillion, while the edible-oils division improved 23 percent to Rp470 billion.

Gross profit contracted 4 percent to Rp2.15 trillion as higher fertiliser and labour costs weighed on margins. The gross profit margin narrowed to 22 percent from 24 percent, and adjusted EBITDA dipped 4 percent to Rp2.05 trillion.

IndoAgri ended the half with Rp9.05 trillion in cash and a net-debt-to-equity ratio of below 0.01x, versus 0.02x at end-2025, reflecting robust operating cash flow of Rp1.47 trillion.

Looking ahead, the group said it will: • Expand edible-oil and fat sales by leveraging competitive pricing, wider distribution and consistent product availability in Indonesia’s consumer and industrial markets. • Focus on plantation cost controls, agronomic innovations and targeted capital expenditure to raise fresh-fruit bunch productivity.

Management reiterated that these initiatives are intended to support earnings resilience amid volatile commodity prices and rising input costs.