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15 May 2025
Bumitama Agri Q1 profit rises 51% to 495.9 billion rupiah
Summary: Bumitama Agri’s Q1 2025 net profit rose 51% to 495.9 billion rupiah due to higher commodity prices and improved palm production. Revenue increased 18.6% to 4.6 trillion rupiah, driven by a 26% rise in crude palm oil prices and a 94% surge in palm kernel prices. The company announced a final dividend of S$0.0544 per share for FY2024, bringing the total payout ratio to 60% of net profit.