Triputra Agro (TAPG) Profits Boosted by Rising Palm Oil Price Trend

CORPORATE ACTION - JAKARTA. JAKARTA. Several palm plantation issuers have recorded impressive performances throughout the first half of this year. One of them is PT Triputra Agro Persada Tbk (TAPG).

During the period of January-June 2024, TAPG posted a net profit of IDR 955.34 billion, soaring 103.35% compared to the same period in 2023, which was IDR 469.80 billion. TAPG's profit was supported by an increase in revenue of 7.95% annually to IDR 4.07 trillion in the first semester of 2024.