Insight

Haji Isam’s JARR Secures IDR2.4tn in Biodiesel Deal with Pertamina

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Algo Research Team


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Key Summary:


  • Revenue up +18.6% in 1H25 as the company booked more volume
  • Thus, net profit surged +84% driven by higher sales & profitability
  • Positive share price performance is in line with other CPO stocks

Jhonlin Agro Raya (JARR) has recorded a solid financial performance so far this year, driven by higher biodiesel sales to Pertamina Patra Niaga, which has been its main customer over the past few years.


Financial performance: JARR recorded a solid revenue of IDR 2 trillion in 1H25, up by +18.6% YoY, where most of the sales came from fatty acid methyl ester (FAME), or biodiesel, contributing 85% of the total.


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