- Business
- R.E.A. Holdings plc is a United Kingdom-based company principally engaged in the cultivation of oil palms in the province of East Kalimantan, Indonesia, and the production and sale of crude palm oil (CPO) and crude palm kernel oil (CPKO); it also holds interests in stone deposits and coal mining concessions in the same region, alongside renewable energy generation from methane capture facilities that power its operations, employee housing, and nearby villages via the Indonesian state electricity company. The company's core operations are managed through its principal subsidiary, PT REA Kaltim Plantations, which oversees oil palm plantations in the Belayan Ulu area along the Belayan River, a tributary of the Mahakam River; it produces CPO and CPKO from its own fresh fruit bunches (FFB) and third-party supplies, with processing capacity expanded at its third oil mill at Satria to enable separation of certified sustainable FFB; ancillary activities include loans to Indonesian entities in stone and coal sectors, fostering local economic progress while emphasizing sustainability, RSPO certification initiatives for smallholders, and climate impact mitigation through productivity enhancements and replanting programs. Subsidiaries encompass Makassar Investments Limited, KCC Resources Limited, REA Finance B.V., and R.E.A. Services Limited, serving palm oil producers, industrial users, and local communities in Indonesia as its primary geographic focus. Founded in 1906 and headquartered at 5th Floor North Tennyson House, 159-165 Great Portland Street, London, W1W 5PA, United Kingdom, the company employs approximately 8,708 people. In recent developments, R.E.A. Holdings reported a 14% revenue increase to $92.4 million for H1 2025 ended June 30, driven by higher CPO prices offsetting costs and supporting infrastructure investments, though it posted a widened loss attributable to shareholders of $6.8 million amid a loss on asset disposal; it proposed a $20 million capital reduction from its share premium account to create distributable reserves, announced in September 2025; ongoing efforts include replanting mature palms, fleet expansions, housing improvements, and smallholder support for RSPO certification, with accounts next due for the year ended December 31, 2025 by June 30, 2026.