InfoSAWIT, JAKARTA – PT Citra Borneo Utama Tbk (CBUT), a leading downstream palm oil processor majority-owned by PT Sawit Sumbermas Sarana Tbk (SSMS), reported stronger financial performance during the first quarter of 2026, supported by its integrated downstream operations and value-added product portfolio.
According to the company’s Public Expose presentation obtained by InfoSAWIT on Tuesday (23/6/2026), CBUT recorded sales of Rp3.377 trillion in the January–March period. While revenue growth remained relatively modest, the company succeeded in improving profitability significantly.
Operating profit rose 19.02 percent year-on-year to Rp89 billion from Rp75 billion in the corresponding period of 2025. Meanwhile, net profit increased 11.57 percent to Rp45 billion, compared with Rp41 billion a year earlier.
The results highlight the effectiveness of CBUT’s downstream integration strategy, which spans refining, fractionation, palm kernel crushing, and packaged cooking oil production.
Historically, the company has maintained strong growth momentum. In 2025, CBUT posted sales of Rp13.97 trillion, representing a 43.05 percent increase from Rp9.77 trillion in 2024. Operating profit surged to Rp366 billion, while net profit climbed to Rp106 billion.
Operationally, CBUT manages refinery and fractionation facilities with combined processing capacities of 2,500 tons per day each. The facilities are capable of producing 807,500 tons of Refined, Bleached and Deodorized Palm Oil (RBDPO), 646,000 tons of olein, 161,500 tons of stearin, and 38,250 tons of Palm Fatty Acid Distillate (PFAD) annually.
The company also operates a palm kernel crushing plant with a capacity of 600 tons per day, producing Crude Palm Kernel Oil (CPKO) and Palm Kernel Expeller (PKE). In the consumer segment, CBUT manufactures packaged cooking oil under the Hanau and Minyakita brands.
As of the first quarter of 2026, total assets stood at Rp4.035 trillion, while liabilities declined to Rp2.870 trillion. Equity strengthened to Rp1.164 trillion, reflecting a healthier balance sheet and stronger financial fundamentals.
Supported by stable feedstock supplies from the SSMS group and growing demand for downstream palm products, CBUT is well-positioned to capitalize on Indonesia’s expanding palm oil downstream industry. (T2)
