Bumitama Agri (P8Z) investor relations material

Executive summary

• 1H26 CPO production rose 11% YoY to 672,590 tons; internal FFB production increased 13% to 1.86 million tons, while yield climbed 16% to 10.7 tons per ha.

• Record 1H26 FFB harvest reached 3.004 million tons; internal yield rose 16% YoY and OER improved 0.1 ppt to 22.5%.

• Revenue increased 24.0% YoY to IDR 12,083,727 million and EBITDA rose 37.1% to IDR 3,495,225 million, supported by higher sales volumes and average selling prices.

Financial highlights

• Gross profit was IDR 3,562,283 million, up 38.5% YoY; profit before tax rose 41.9% to IDR 2,951,473 million.

• Net profit for the period rose 45.1% YoY to IDR 2,193,146 million; profit attributable to owners increased 44.3% to IDR 1,827,482 million.

• Operating cash flow increased to IDR 2,957,497 million from IDR 2,071,528 million; period-end cash and short-term deposits were IDR 3,296,164 million.

• Total comprehensive income rose 44.6% to IDR 2,223,177 million, including IDR 30,031 million of other comprehensive income, net of tax.

Outlook and guidance

• 2H26 palm oil prices are expected to remain elevated, supported by Indonesia’s B50 mandate, global energy dynamics, Middle East tensions and potential El Niño-related supply constraints.

• Priorities include business continuity, advanced replanting, innovation, mechanisation and cost management; improved age profile and planting material are expected to benefit operations.

• At 10.7 tons per ha in 1H26, doubling first-half yield would match the prior full-year record of 21.4 tons per ha; typically higher 2H production supports a new 2026 productivity benchmark.