JAKARTA – PT Kirana Megatara Tbk (KMTR) is targeting a 28% revenue growth to IDR 14.4 trillion in 2025, up from IDR 11.25 trillion in 2024. This target is accompanied by a 12.5% year-on-year (yoy) increase in sales units (finished rubber goods, palm oil, and rubber raw materials).

In the Public Expose document cited on Tuesday (11/3), KMTR aims for sales growth in 2025, assuming that rubber prices and the USD to IDR exchange rate remain high.

Sales units across all segments are projected to rise by 12.5% to 450,924 metric tonnes (MT) from 400,973 MT, driven by the one-year postponement of the EU Deforestation Regulation (EUDR) implementation.

This delay is expected to boost demand for EUDR-compliant products in 2025 compared to 2024. Commodities that fall under EUDR-compliant products include palm oil, coffee, cocoa, rubber, wood, livestock, and soybeans.

In 2024, KMTR's sales contributions consisted of Finished Rubber Goods at IDR 11.19 trillion, up from IDR 9.09 trillion; Palm Oil at IDR 45.48 billion, up from IDR 36.41 billion; Processing Services at IDR 12.36 billion, from previously none; and Rubber Raw Materials at IDR 4.14 billion, down from IDR 5.24 billion. (LK/ZH)