PT Palma Serasih Tbk is an integrated palm oil plantation and processing company based in Jakarta, Indonesia, founded in 2008. The company operates primarily through its subsidiaries managing approximately 34,000 to 35,000 hectares of palm plantations in East Kalimantan. Its main products include crude palm oil (CPO), fresh fruit bunches (FFB), and palm kernel (PK), which are produced through fully integrated plantation management and processing operations with milling capacities of 60 tons and 90 tons per hour. The company also offers construction and trading services related to its core agricultural activities and exports its palm oil products internationally. PT Palma Serasih's operations are strategically located along the Trans Kalimantan route near the Makassar Strait to facilitate logistics for domestic and export markets.
The company recently concluded an acquisition agreement to purchase 100% of PT Sabhantara Rawi Sentosa (SRS) shares, expanding its plantation footprint in East Kalimantan. This acquisition aims at creating business synergy and strategic value while supporting the company’s growth strategy in palm oil production. PT Palma Serasih also reported improved production levels and targets increased revenue, driven by expansions and optimization in its plantation and processing capabilities. The company maintains sustainable plantation practices and community engagement as part of its operational ethos. Its subsidiaries include PT Anugerah Energitama, PT Nusaraya Agro Sawit, PT Nusantara Agro Sentosa, PT Global Primatama Mandiri, PT Agro Bumi Kaltim, and PT Batu Borneo Perdana.
PT Palma Serasih Tbk serves the agricultural products sector and consumer staples industry, focusing on palm oil plantation and processing, targeting domestic and international markets. Its headquarters are located in South Jakarta. The company has executed recent strategic moves, including acquisitions and capacity expansions, that reinforce its market position in the palm oil industry. This facilitates ongoing growth and integration of its supply chain from plantation to production and export. The company conducted its initial public offering in 2019 and continues to enhance its production and operational efficiency through expansion and subsidiary management.
This comprehensive overview reflects PT Palma Serasih Tbk’s business profile, product portfolio, and recent strategic developments relevant to financial databases and institutional investors.