PT Japfa Comfeed Indonesia (JPFA) Q4 2025 earnings summary

Executive summary

• Achieved record financial performance in FY2025, with revenue, EBITDA, and net profit all reaching new highs year-over-year.

• Consolidated financial statements for the year ended December 31, 2025, audited by Ernst & Young, received an unqualified opinion, confirming fair presentation in accordance with Indonesian Financial Accounting Standards.

• Vertically integrated model across feed, breeding, farming, processing, and consumer products supports operational resilience.

• Poultry remains the core business, contributing 90% of total revenue, with strong positions in feed and DOC production.

• Nationwide footprint and economies of scale provide competitive advantages in Indonesia's fragmented market.

Financial highlights

• FY2025 revenue rose 8.8% year-over-year to IDR 60.7 trillion.

• Net profit for the year attributable to owners was Rp4,003,999 million, up from Rp3,018,892 million year-over-year.

• EBITDA grew 16.2% year-over-year to a record IDR 7.43 trillion.

• Total assets reached IDR 40.1 trillion, with net debt/equity improving to 41.5% from 56.7%.

• Basic earnings per share increased to Rp344 from Rp260 year-over-year.

Outlook and guidance

• Long-term protein consumption growth in Indonesia and emerging Asia remains favorable.

• Management expects continued stable demand for affordable protein, supported by demographic trends.

• Capex plans remain flexible, with investments aligned to market demand and prudent cash flow management.

• The Group continues to operate as a going concern and is actively managing capital structure to support business growth and maximize shareholder value.

• No significant impact is expected from new accounting standards effective in 2026 and 2027.