- Business
- PT Andira Agro Tbk (ANDI.JK) owns, operates, and manages oil palm plantations and a crude palm oil mill in Indonesia. The company engages in land processing, seeding, nurseries, planting, upkeep, and harvesting of fresh fruit bunches from palm trees; processing of fresh fruit bunches into crude palm oil and palm kernel; and related plantation activities including plasma schemes with 10 cooperatives. Its operations are located in Banyuasin Regency, South Sumatra, encompassing core plantations of approximately 5,463 hectares, plasma plantations of 4,668 hectares, and one palm oil mill with 45 tons per hour capacity, serving domestic and international markets in the agricultural products sector.
Founded on April 28, 1995, and headquartered at Meta Epsi Building, Jl. Mayjen D.I. Panjaitan Kav. 2, East Jakarta, the company is a subsidiary of PT Meta Epsi Tbk and listed on the Indonesia Stock Exchange since 2018.
In recent developments, PT Andira Agro Tbk held its annual and extraordinary general shareholders' meeting on June 25, 2024, approving changes to the board of directors and commissioners; reported nine-month earnings through September 30, 2025, with sales of IDR 195.6 billion and a reduced net loss compared to the prior year; and continues sustainable practices certified under Indonesian Sustainable Palm Oil (ISPO) standards since December 2018.