InfoSAWIT, JAKARTA — PT Triputra Agro Persada Tbk (TAPG), an integrated palm oil and rubber plantation company, recorded impressive operational and financial performance throughout the second quarter of 2025. With increased production and sales volume, TAPG successfully drove revenue growth of 33% compared to the same period last year.
Cited from InfoSAWIT's Investor Newsletter TAPG on Friday (August 1, 2025), the company, which has 23 palm oil plantations, one rubber plantation, 18 palm oil mills, one palm kernel processing facility, and one rubber crumb (RSS) factory operating in Jambi, Central Kalimantan, and East Kalimantan, including associated business units, is also known for its commitment to sustainability, adopting global standards and cutting-edge technology in all its operational activities.
Throughout the second quarter of 2025, the production of Fresh Fruit Bunches (TBS) and Crude Palm Oil (CPO) increased by 17% and 16% year-on-year (YoY), respectively. This increase was supported by TBS production growth from both internal and third-party plantations. Additionally, TBS productivity increased by 18% YoY, while the Oil Extraction Rate (OER) rose slightly by 0.1 percentage points despite being affected by pollination disruptions due to the rainy season.
The surge in production drove an increase in sales volume of CPO, Palm Kernel (PK), and Palm Kernel Oil (PKO) by 13%, 9%, and 20%, respectively, compared to the previous year. The combination of high sales volume and stable selling prices has been the main driver of increased operating profit.
In the first half of 2025, TAPG recorded a 57% increase in EBITDA and a 76% surge in net profit year-on-year. This performance also managed to offset the increase in production costs that occurred alongside the output increase.
From a prospect perspective, TAPG estimates that the production pattern for 2025 will lean towards the first half with a ratio of 52:48. Annual production is projected to grow in single digits, driven by an increasing number of plants entering optimal productive age and superior agronomic practices implemented by the company. Relatively favorable weather conditions also support the sustainability of the production growth trend.
With a combination of increased production and stable selling prices, TAPG is optimistic about continuing to record solid financial performance until the end of the year. (T2)
