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Bumitama Agri Ltd. ( (SG:P8Z) ) has issued an announcement.
Bumitama Agri reported resilient first-quarter 2026 operations despite a seasonally low crop cycle, with crude palm oil output rising 6% year on year to 310,105 tons and internal fresh fruit bunch production up by the same margin. Improved yields and oil extraction rates kept mill utilization steady and underpinned a 22% rise in revenue to IDR5.63 trillion and a 49% jump in net profit to IDR739.9 billion, aided by firm palm oil prices.
Management highlighted structural outperformance versus the past five years, supported by disciplined agronomic practices that moderated productivity swings and strengthened cash generation. Reflecting a more mature, cash-generative balance sheet and reduced leverage, the company raised its dividend payout policy from 40%–60% to 60%–75% of net profit, signaling higher capital returns and a stronger commitment to shareholder value while maintaining investment capacity.
The most recent analyst rating on (SG:P8Z) stock is a Buy with a S$2.30 price target. To see the full list of analyst forecasts on Bumitama Agri Ltd. stock, see the SG:P8Z Stock Forecast page.
More about Bumitama Agri Ltd.
Bumitama Agri Ltd. is an Indonesia-focused palm oil producer with 184,000 hectares of planted area across West and Central Kalimantan and Riau, comprising 122,000 hectares of nucleus estates and 62,000 hectares of plasma estates. The group operates 17 mills with a combined processing capacity of 6.99 million tons per year, positioning it as a sizable upstream player in the crude palm oil and palm kernel markets.
Average Trading Volume: 2,785,075
Technical Sentiment Signal: Buy
Current Market Cap: S$3.16B
For detailed information about P8Z stock, go to TipRanks’ Stock Analysis page.