Several companies under Indonesia's two major conglomerates, Anthoni Salim and Prajogo Pangestu, have published their financial results for the first half of 2025. The reports reveal that while Salim Group’s companies mostly performed strongly, several firms in Prajogo Pangestu’s group showed weaker results.

From the Salim Group, PT Indofood CBP Sukses Makmur Tbk. (ICBP) and its parent company, PT Indofood Sukses Makmur Tbk. (INDF), posted the most significant net profit increases. ICBP recorded a net profit of Rp5.53 trillion, up 56.49% from Rp3.53 trillion in the same period in 2024. Interestingly, its revenue only increased 2% from Rp36.96 trillion to Rp37.60 trillion. The profit jump was mainly due to reduced unrealized foreign exchange losses from financing activities. However, core profit reflecting ICBP’s operating performance fell 5% to Rp5.37 trillion. CEO Anthoni Salim attributed the results to consistent focus on strategic priorities amid weak consumer purchasing power.

INDF also posted strong results, with net profit up 51.48% YoY to Rp5.83 trillion. Net sales grew 4.44% YoY to Rp59.84 trillion, primarily supported by branded consumer products contributing Rp37.54 trillion.

In the plantation sector, PT PP London Sumatra Indonesia Tbk. (LSIP) posted a 19.41% YoY increase in net profit to Rp714.46 billion despite commodity price volatility and weather challenges. CEO Tan Agustinus Dermawan emphasized cost control and operational efficiency.

PT Salim Ivomas Pratama Tbk. (SIMP) also posted a 42.78% YoY rise in net profit to Rp755.14 billion. Core profit surged 91% YoY, supported by customer contracts worth Rp9.39 trillion. CEO Paulus Moleonoto reiterated the focus on efficiency and cost management.

In the automotive segment, PT Indomobil Sukses Internasional Tbk. (IMAS) saw its net profit rise 9.36% YoY to Rp43.15 billion. Revenue rose 2.54% to Rp14.76 trillion, with the largest contribution from the automotive and financial services segments.

Meanwhile, Prajogo Pangestu’s group showed mixed results. PT Barito Pacific Tbk. (BRPT) posted a staggering 1,464.89% YoY surge in net profit to US$539.82 million, driven by soaring petrochemical revenues. PT Barito Renewables Energy Tbk. (BREN) also saw net profit rise 12.96% to US$65.46 million, fueled by a geothermal production rebound.

PT Chandra Asri Pacific Tbk. (TPIA) reversed a net loss to a profit of US$1.27 billion. Revenue soared 237.70% YoY to US$2.92 billion, mostly from the chemical segment.

However, PT Petrosea Tbk. (PTRO) saw its net profit fall 18.60% YoY to US$1.07 million despite a revenue increase, due to rising operational and interest expenses. Likewise, PT Petrindo Jaya Kreasi Tbk. (CUAN) experienced a drastic 93.42% drop in net profit to US$1.94 million, even though its revenue jumped nearly 50%. This was mainly due to a 70% increase in cost of revenue, severely compressing gross and net profit margins.