- CEO
- Djap Tet Fa
- Full Time Employees
- 27,939
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Jalan Pulo Ayang Raya Jakarta Indonesia 13930
- IPO Date
- Mar 28, 2014
- Business
- PT Astra Agro Lestari Tbk is an agriculture company primarily engaged in the planting, cultivation, and processing of oil palm, producing crude palm oil (CPO) and its derivatives including oleochemicals, specialty oils, fats, and fertilizers. The company also operates palm oil refineries located in Mamuju Utara, West Sulawesi, and Dumai, Riau, serving both domestic and export markets. Astra Agro Lestari offers palm seed breeding, palm oil cultivation, milling, refining, and manufactures NPK fertilizers. Founded in 1988 and headquartered in Jakarta, Indonesia, it operates predominantly across Indonesian regions including South Kalimantan, Central Sulawesi, and other provinces through its subsidiaries like PT Sawit Jaya Abadi. The company is a subsidiary of PT Astra International Tbk and has a focused business strategy that integrates sustainable plantation management with ongoing research and development of high-yield palm seed varieties developed in collaboration with national research institutions.
Recent major developments include Astra Agro Lestari's reaffirmed commitment to sustainability and environmental conservation, highlighted by its participation in the COP30 conference in Brazil and initiatives to prevent deforestation and conserve peatlands. In 2024-2025, the company reported improved financial performance with a net profit increase to IDR 1.14 trillion, driven by enhanced operational efficiencies and rising market demand despite the stagnation of national CPO production. It launched three new high-yield seed varieties—AAL Nirmala, AAL Sejahtera, and AAL Lestari—developed through its R&D programs employing molecular biology techniques. Astra Agro strengthened strategic partnerships to support sustainable farming practices and smallholder farmer productivity across Indonesian provinces, enhancing its supply chain and quality control. The company continues to focus on digitalization, green technology adoption, and nature-based solutions as part of its sustainability strategy. Operationally, it maintains a no-new-land-clearing policy consistent with government palm oil moratoriums to align with global sustainability standards.
This extensive product portfolio, sustainability initiatives, and strategic alliances position PT Astra Agro Lestari Tbk as a leading palm oil cultivator and processor in Indonesia with a robust commitment to environmental and social governance, contributing to its operational resilience and market competitiveness.