“Bumitama’s robust performance in 1HFY2025 is driven by a stable trend in global palm oil price which remains elevated amid intense geopolitical environment, such as Trump’s tariff drama, series of trade barriers imposed by certain countries to protect their domestic markets, and military aggression occurring in several continents,” says the group in its investor circular released on Aug 12.
Bumitama Agri has reported earnings of IDR1.27 trillion ($99.8 million) for the 1HFY2025 ended June 30, 47.8% higher y-o-y.
Earnings per share (EPS) stood at IDR730, up from IDR494 previously.
