STAA – Solid 1H25 results

STAA – Solid 1H25 results Sumber Tani Agung Resources (STAA) posted a 33.2% yoy increase in revenue for 1H25 to IDR3.59 tn (prev: IDR2.69 tn). Net profit also grew 55.15% yoy to IDR656.7 bn (prev: IDR423.2 bn). According to management, all main business segments—Crude Palm Oil (CPO), Palm Kernel (PK), and Crude Palm Kernel Oil (CPKO)—recorded positive growth during the period. On the operational side, Fresh Fruit Bunches (FFB) production reached 275,248 tonnes in the quarter, up 4.8% yoy, supported by a 4.4% increase from nucleus plantations and 9.2% from plasma plantations. In addition, STAA management officially commenced operations of its new refinery plant in Jul ’25. (Source : Bisnis Indonesia)