PT Austindo Nusantara Jaya Tbk 2025 Nine-Month Consolidated Financial Statements and Key Financial Highlights

PT Austindo Nusantara Jaya Tbk Delivers Record Profit Surge Amid Strategic Investments, Asset Sales, and Strong Cash Flow – What Investors Need to Know

Highlights from the Nine-Month Consolidated Financial Report to September 30, 2025

PT Austindo Nusantara Jaya Tbk (“ANJ”) and its subsidiaries have released a striking set of financials for the nine months ended September 30, 2025, showcasing a dramatic turnaround in profitability, robust cash generation, and several strategic moves likely to influence the company’s share price and investor sentiment. Here’s what stands out in the report:

1. Profit Soars – Major Turnaround

Net Profit: ANJ’s net profit for the nine-month period skyrocketed to US\$23.9 million, up from just US\$1.0 million in the prior year – a staggering increase of over 2,000%.
Operating Profit: Operating profit surged to US\$40.4 million, compared to US\$16.2 million previously, driven by higher revenues and improved cost management.
Earnings Per Share: Basic and diluted EPS rose to US\$0.0072 per share, up from US\$0.0004, reflecting the profit leap.

2. Revenue Growth and Improved Margins

Revenue: Total revenue increased to US\$187.8 million from US\$168.4 million, despite a decline in cost of revenue, boosting gross profit margins.
Cost Management: Cost of revenue fell to US\$137.6 million (from US\$141.9 million), supporting margin expansion.

3. Strategic Asset Sale – Price Sensitive Event

Sale of PT Moon Lion Industries Indonesia: In a significant move, ANJ sold its entire 11.88% stake in PT Moon Lion Industries Indonesia to Chun Yu Works & Co., Ltd and Mr. Mintarto Halim for Rp68.9 billion (approx. US\$4.5 million). The gain/loss from this transaction is reflected in other comprehensive income and will directly impact future earnings streams and balance sheet composition.
This sale is a direct capital movement and may trigger investor reassessment of ANJ’s asset portfolio and future strategy.

4. Cash Position and Financing Activities

Cash & Cash Equivalents: Net cash and equivalents nearly doubled to US\$18.2 million from US\$9.1 million at the start of the period, signalling improved liquidity.
Loan Activities: The group actively managed its debt, drawing US\$143.4 million in short-term loans and repaying US\$125.7 million in long-term bank loans. This signals active capital structure management and may influence future interest expenses and risk profile.
Dividend Policy: Despite strong results, ANJ decided NOT to pay cash dividends for 2025 and 2024. This may disappoint income-focused investors and could pressure the share price in the short term, but signals reinvestment in growth.

5. Equity and Shareholder Structure

Shareholders: First Resources Limited remains the dominant shareholder with 91.17% ownership, while public shareholders hold 8.83%.
Total Equity: Equity attributable to owners rose to US\$410.1 million (from US\$391.0 million).

6. Non-Controlling Interests and Subsidiary Performance

Non-controlling interests have seen a decrease in net assets and net income, primarily due to losses in certain subsidiaries such as PT Gading Mas Indonesia Teguh.
These losses may impact the group’s bottom line and future dividend flows.

7. Tax Refunds and Regulatory Developments

ANJ and its subsidiaries received significant tax refunds in 2025, including US\$2.1 million and US\$1.9 million for major subsidiaries, further boosting cash flow.
Regulatory compliance and accounting standard changes (PSAK amendments) are not expected to have a material impact on the accounts.

8. Risks and Outlook

Price Risk: The company remains exposed to global commodity price fluctuations (CPO, PKO, PK) and currency risk, which could impact future profitability and equity.
Interest Rate Sensitivity: The company has moderate exposure to interest rate fluctuations, with sensitivity analysis showing material effects on finance costs.
Derivative Contracts: No outstanding commodity swap contracts as of September 2025; a shift from prior years’ hedging activity.

9. Segment Information – Where Growth Is Coming From

ANJ operates in palm oil, sago, energy, and other segments, with palm oil remaining the primary revenue and profit driver.

Key Takeaways for Investors

Profit Surge: The massive jump in profits and EPS could drive positive share price momentum, especially as margins expand and cash flow improves.
Asset Sale: Disposal of the PT Moon Lion Industries Indonesia stake is a price-sensitive event that realigns ANJ’s asset portfolio and may affect future earnings streams.
Dividend Decision: The no-dividend policy may be negative for short-term sentiment but is likely aimed at supporting future growth and investment.
Active Capital Management: The company’s aggressive refinancing and loan management should be watched for interest rate impacts and future liquidity needs.
Commodity & Forex Risks: Investors should remain aware of ongoing risks from price and exchange rate volatility, which are explicitly highlighted as material in the management discussion.

Potential Share Price Impact

Upside: The dramatic profit increase and improved cash position are strong positives.
Downside: The decision not to pay dividends, asset sales, and ongoing risks from commodity and currency price swings could weigh on sentiment.

Disclaimer: This article is based on public financial disclosures and is intended for informational purposes only. It does not constitute investment advice. Investors should conduct their own research and consult financial professionals before making any investment decisions. The author is not responsible for any trading or investment losses resulting from actions taken based on this article.