PT Sinar Mas Agro Resources and Technology Tbk reports lower Q1 profit on slightly higher sales

SGX Filings
Apr 30

PT Sinar Mas Agro Resources and Technology Tbk announced its consolidated results for the three months ended Mar, 31 2026.

Net sales in the period edged up by about 2 per cent compared with the same quarter a year earlier, while gross profit fell roughly 30 per cent. Operating profit declined around 65 per cent year on year, and net profit attributable to shareholders decreased approximately 84 per cent.

Total assets stood broadly unchanged from the end of Dec, 31 2025, while total liabilities were stable over the same period. Cash and cash equivalents at quarter-end were lower than the balance recorded three months earlier.

The company’s basic earnings per share for the quarter were 289 rupiah, versus 47 rupiah in the prior-year period.

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