- CEO
- Tan Agustinus Dermawan
- Full Time Employees
- 14,123
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- Ariobimo Sentral Building Jakarta Selatan JK Indonesia 12950
- IPO Date
- Feb 19, 2013
- Business
- PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (Lonsum) engages in the plantation business, focusing on plant breeding, planting, harvesting, processing, and selling of palm products, rubber, oil palm seeds, cocoa, and tea; it operates in segments including oil palm products, rubber, seeds, and others. The company produces crude palm oil, palm kernel oil, crumb and sheet rubber, cocoa beans, tea, and superior oil palm seeds through its Research and Development Centre, Sumatra Bioscience; it runs 12 palm oil mills with 2.7 million tonnes annual fresh fruit bunch processing capacity in Sumatra and Kalimantan, three crumb rubber facilities, two sheet rubber facilities, one cocoa factory, and one tea factory. Founded in 1906 near Medan, North Sumatra, by Harrisons & Crosfield Plc and headquartered in South Jakarta, Lonsum manages 111,367 hectares of nucleus planted area as of December 31, 2024, comprising 91,152 hectares of oil palm, 16,231 hectares of rubber, and 3,984 hectares of other crops, plus 35,779 hectares of plasma partnerships, across Sumatra, Kalimantan, Java, and Sulawesi; it functions as a subsidiary of PT Salim Ivomas Pratama Tbk within the Indofood Group since the 2007 acquisition. Lonsum reports profit growth of 45.48% to Rp391.8 billion in the first quarter of 2025 and increased earnings and revenue for full-year 2024 despite production challenges; it achieves 97% of nucleus crude palm oil production ISPO-certified as of end-2024 and maintains strong foreign investor interest amid global palm oil price rises.