Poultry Producer SIPD Benefits from Prabowo's MBG Programme, Profits Surge 783%

Poultry producer PT Sreeya Sewu Indonesia Tbk (SIPD) has announced a 783% rise in profits for 2025. The Free Nutritious Meals (MBG) programme is said to have contributed to this achievement.

According to the financial report as of 31 December 2025, the net profit attributable to the owners of the parent entity of SIPD was recorded at Rp29.3 billion. This figure is up from the previous Rp3.32 billion.

From an operational perspective, the animal feed segment was the largest contributor to revenue, valued at Rp2.6 trillion, or about 48% of total sales. This was followed by the breeding and poultry farming segment at Rp1.5 trillion (27%), and fresh chicken and frozen food at Rp1.4 trillion (25%).

Director of Sreeya Sewu Indonesia, Natanael Yuyun Suryadi, revealed that the MBG programme initiated by the government of President Prabowo Subianto has helped stabilise chicken prices in the market. With increased demand for fresh chicken, the company’s revenue has also been boosted, particularly from animal feed sales.

“And yesterday, with this MBG distributed nationally, overall fresh chicken prices have experienced a fairly good level. Currently, chicken prices are around Rp20,000-Rp30,000, depending on weight and harvest size. Actually, this is what helps the company’s profitability,” explained Natanael when met after the AGM in Jakarta on Tuesday (21/4/2026).

This stability contrasts with the previous year, when prices had plummeted to Rp14,500-Rp15,000, the lowest point in the last five years.

For 2026, the company targets revenue growth (top line) of 10%-15% compared to the previous year. Meanwhile, for pre-tax profit, the company aims for growth of around 30%-40%.

Looking ahead, SIPD also sees significant potential for growth in the national chicken industry. Current per capita chicken consumption in Indonesia is around 10.1-10.5 kg per year, still lower than countries like the Philippines and Thailand, which are above 12 kg.

From an industry perspective, the company is optimistic that domestic per capita chicken consumption could increase by 10%-20% in the coming years. This increase is expected to be the main driver of the company’s performance growth in the 2027-2028 period.