Jakarta, March 11, 2025 – PT Perkebunan Nusantara (PTPN) Group celebrated its 29th Anniversary with extraordinary achievements in business transformation that have had a positive impact on the company’s financial performance. In the period 2021 to 2024, PTPN Group managed to record a profit of IDR 14.9 trillion, make debt payments of IDR 20.4 trillion, and contribute taxes of IDR 13.8 trillion. This success is the result of a restructuring and efficiency strategy that has been implemented comprehensively in the last few years.
President Director of PTPN III (Persero), Mohammad Abdul Ghani, emphasized that this achievement is real evidence of the effectiveness of the company’s transformation. “We have made fundamental changes in the business model, increased operational efficiency, and utilized digital technology to ensure long-term sustainability. As a result, PTPN is now in a much stronger position than before,” he said.
As part of the transformation that has been carried out, PTPN Group now operates in one holding entity that oversees three main sub-holdings, namely PalmCo, SugarCo, and SupportingCo. This integration has driven increased efficiency, accelerated innovation, and opened up opportunities for expansion at the global level.
In supporting the government’s strategic policies as stated in Presidential Regulation Number 40 of 2023 and Coordinating Ministerial Regulation Number 21 of 2022, PTPN Group plays an important role in increasing national food and energy production. One of the main focuses is increasing cooking oil production by three times to meet domestic needs, as well as increasing national sugar production from 768 thousand tons to 1.79 million tons in 2029. In addition, the company is also active in the People’s Oil Palm Rejuvenation (PSR) program with a target of replanting 78 thousand hectares of oil palm land to support the sustainability of the palm oil industry in Indonesia. This program also involves 120 thousand farmers and their families in the revitalization of agricultural land.
“Our focus is not only on production, but also on the welfare of farmers and the sustainability of the industry. Through the PSR program and digital technology support, we want to ensure that farmers get maximum benefits from this initiative,” Ghani added.
In line with the transformation of industry 4.0, PTPN Group has adopted various digital innovations to improve operational efficiency and productivity. Meanwhile, in its commitment to the green economy, PTPN Group continues to develop the concept of a circular economy through the utilization of agricultural waste into renewable energy. This program has the potential to provide additional income of up to IDR 780 billion per year and is a concrete step in supporting the green energy transition. Other efforts made include the development of a biodiesel and Sustainable Aviation Fuel (SAF) factory which is targeted to operate in the next few years. In addition, the decarbonization project through the construction of the Biogas Power Plant (PLTBg) in Sei Mangkei and Pasir Mandoge further strengthens PTPN Group’s contribution to achieving Net Zero Emission 2060.
“We realize that sustainability is not just an option, but a necessity. Therefore, we continue to invest in green economy initiatives that not only benefit the company, but also have a positive impact on the environment and society,” said Abdul Ghani.
In its long-term vision, PTPN Group has established a “PTPN Next 5G” strategy that includes five main pillars, namely Go Green, Go Circular, Go Digital, Go Global, and Go Beyond. This initiative aims to strengthen decarbonization efforts, optimize digital technology, and expand into international markets. With this strategy, PTPN Group targets sustainable growth that focuses not only on increasing profitability, but also environmental sustainability and community welfare.
President Director of PTPN III (Persero), Mohammad Abdul Ghani, closed with optimism about the future of PTPN Group. “We are proud of the achievements that have been achieved in this 29-year journey. With digital innovation, strengthening the circular economy, and global expansion, we are optimistic that PTPN Group will play an increasingly important role in realizing national food and energy security,” he concluded.
As the largest plantation company in Indonesia, PTPN Group continues to be committed to providing the best contribution to national economic development. With sustainability as its main focus, the company will continue to innovate and adapt in order to remain the backbone of the plantation industry in Indonesia.