JAKARTA – Although shares of PT Astra Agro Lestari Tbk (AALI) was corrected by 0.84% at the close of stock trading on Friday (21/2), the stock still posted a weekly gain of IDR 125 or 2.16% over the week (17-21/2).

Based on stock trading data compiled on Friday (21/2), AALI’s share price stood at IDR 5,900 at 16:00 WIB, down IDR 50 from Thursday’s (20/2) closing price of IDR 5,950.

However, in the early morning session today (21/2), AALI’s share price reached IDR 6,100 per share. Throughout the day, the palm oil plantation stock recorded a high of IDR 6,100 and a low of IDR 5,875.

On the financial side, AALI's 2024 financial report showed an increase in revenue and net profit.

Santosa, President Director of AALI, reported that net profit reached IDR 1.14 trillion, up 8.7% from IDR 1.05 trillion in 2023. Net revenue was recorded at IDR 21.81 trillion, an increase of 5.15% from IDR 20.74 trillion.

The Crude Palm Oil (CPO) and its derivatives segment contributed IDR 20.18 trillion in sales in 2024, up from IDR 19.22 trillion. The Palm Kernel (PK) and its derivatives segment contributed IDR 1.62 trillion, up from IDR 1.50 trillion, while other segments grew to IDR 11.36 billion, up from IDR 21.72 million. (LK/ZH)