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PT Astra Agro Lestari Tbk, an Astra Group palm oil company, recorded a 24.6% year-on-year (yoy) increase in profit in the first half of 2022.
The net profit of this AALI-coded issuer was recorded at Rp809.31 billion, up from Rp649.34 billion in the first half of 2021.
The high palm oil prices since the beginning of the year did not significantly increase the company's sales. This is evident from the revenue growth of only 0.01% (yoy).
Astra Agro's revenue was recorded at Rp10.96 trillion in the first half of 2022, a slight increase from Rp10.83 trillion in the same period last year.
The company's assets were recorded at Rp30.23 trillion in the first half of 2022. Liabilities were recorded at Rp8.88 trillion and equity at Rp30.23 trillion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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