InfoSAWIT, JAKARTA — Palm oil company PT Jhonlin Agro Raya Tbk. (JARR), owned by national entrepreneur Haji Isam, posted impressive performance in the first half of 2025, recording a net profit of Rp160.39 billion, up 82.58% from Rp87.84 billion in the same period last year.

According to the June 30, 2025, financial report, JARR’s net sales also rose 18.66% YoY to Rp2.04 trillion, from Rp1.71 trillion in 1H 2024. The spike was mainly driven by a 146.03% increase in sales to PT Pertamina Patra Niaga, reaching Rp1.11 trillion from Rp763.90 billion.

Although sales to the Palm Oil Plantation Fund Management Agency (BPDPKS) dropped to Rp155.33 billion from Rp285.63 billion, JARR maintained its momentum through market diversification. Sales to PT Andifa Perkasa Energi grew to Rp264.92 billion from Rp196.35 billion.

However, sales to PT AKR Corporindo fell 37.13% to Rp190.05 billion from Rp302.29 billion. Despite this, total sales increased significantly, lifting gross profit by 70.70% to Rp300.10 billion.

Cost of goods sold rose 12.74% YoY to Rp1.74 trillion, but operational efficiency was preserved, as seen in a sharp 81.36% increase in operating profit to Rp263.11 billion from Rp145.08 billion.

As quoted by Bisnis Indonesia, the strong performance improved JARR’s financial fundamentals. As of June 2025, liabilities decreased by 7.27% to Rp2.22 trillion, while equity increased by 6.36% to Rp1.80 trillion. Total assets dipped slightly by 1.62% to Rp4.03 trillion, but the company’s balance sheet remains solid.

On the capital market, JARR’s shares rose 5.85% (24 points) to Rp434 per share in Monday’s morning session (28 July 2025). Year-to-date, the stock has climbed 27.65%, reflecting investor optimism.
(T2)