This is the Profit Map of Haji Isam's Issuers: PGUN, JARR to FAST

Entering the financial reporting period, the capital market is spotlighting the release of financial performance from several issuers affiliated with the business network of entrepreneur Andi Syamsuddin Arsyad, commonly known as Haji Isam.

The public companies in this group span various operational sectors, from palm oil plantations and processing (PGUN and JARR), mining logistics infrastructure (TEBE), to indirect ownership in a fast-food retail network (FAST).

Overall, the latest financial reports from these entities show varied dynamics, with issuers in the agribusiness and logistics sectors recording stability and net profit increases, while the retail sector issuer focuses on restructuring operational costs.

Here are the details of the performance of these four issuers, presented along with their key indicators.

PT Pradiksi Gunatama Tbk (PGUN)

For the 2025 fiscal year, PT Pradiksi Gunatama Tbk recorded net revenue growth to Rp792.72 billion from Rp738.56 billion the previous year.

This revenue increase was accompanied by a slight decrease in cost of goods sold to Rp515.41 billion. This resulted in operating profit of Rp224.41 billion and net profit for the year increasing to Rp159.30 billion.

Basic earnings per share also rose to Rp27.76 per share from Rp13.80 per share. This profit performance was supported by net cash flow from operating activities strengthening to Rp366.57 billion.

On the balance sheet side, the company’s capital structure improved with a significant decrease in total liabilities. This decline was mainly contributed by the settlement of long-term other debt to related parties, which dropped from Rp100.36 billion to a remaining Rp2.99 billion.

This pressured the debt-to-equity ratio (DER) to 31%. Operationally, the company has realised a replanting programme covering 1,617 hectares to maintain production stability.

Nevertheless, the company’s risk profile remains dominated by sales concentration, where 90.32% of total revenue comes from one related entity, namely PT Jhonlin Agro Raya Tbk, which absorbs the main products of Crude Palm Oil (CPO) and Palm Kernel (PK).

PT Fast Food Indonesia Tbk (FAST)

The consolidated financial report of PT Fast Food Indonesia Tbk for the third quarter of 2025 shows operational cost restructuring amid stagnant revenue.

The company recorded revenue of Rp3.56 trillion, down slightly by 0.76% from the same period last year. However, the company succeeded in reducing net loss by 56.99% to Rp239.58 billion compared to a loss of Rp557.08 billion in the third quarter of 2024.

This deficit reduction resulted from efficiency in cost of revenue, which fell 4.99% to Rp1.43 trillion, thus the company still booked gross profit of Rp2.13 trillion.

Besides cost of revenue, efficiency was also applied to selling and distribution expenses, which were cut from Rp2.09 trillion to Rp1.91 trillion. As part of efforts to sustain the business, management took operational steps by closing 20 KFC outlets and reducing 1,041 employees.

Management notes in the financial report also indicate a focus on tighter inventory management, renegotiating credit facilities, and financial continuity support from major shareholders to ensure the company can meet short-term obligations amid challenging industry conditions.

PT Jhonlin Agro Raya Tbk (JARR)

Based on its latest third-quarter 2025 financial report, PT Jhonlin Agro Raya Tbk (JARR) booked a very strong acceleration in financial performance. The company’s net profit surged 44.19% year-on-year to Rp224.00 billion, compared to Rp155.34 billion in the same period last year.

This operational profitability surge was contributed by significant net sales growth reaching Rp3.08 trillion from Rp2.63 trillion previously. This volume performance increase was successfully matched with controlled cost of goods at Rp2.64 trillion.

Not only shining in profits, JARR’s financial position is also increasingly solid. As of the end of September 2025, the company massively cut total liabilities to Rp2.11 trillion from Rp2.40 trillion at the end of 2024.

This liability reduction directly strengthens the capital structure, where the company’s total equity steadily expanded to Rp1.87 trillion with total assets maintained in equilibrium at Rp3.99 trillion.

The post-merger fundamentals, now fully integrated from upstream to downstream, position JARR very ready to face future Biodiesel (FAME) logistics dynamics.

PT Dana Brata Luhur Tbk (TEBE)

PT Dana Brata Luhur Tbk recorded business revenue of Rp483.19 billion throughout 2025. Despite facing market adjustments that pressured the main revenue line from Rp566.67 billion last year, the company demonstrated high resilience by maintaining net profit stability at Rp133.59 billion.

Maintaining margins amid revenue contraction is evidence of management’s ability to execute tight cost of goods control.

TEBE’s balance sheet position at the end of 2025 also shows extraordinarily healthy liquidity and capital resilience. Total assets surged to Rp1.29 trillion, largely driven by a jump in cash to Rp651.56 billion.

Total liabilities even shrank to Rp63.74 billion, making TEBE’s capital structure nearly free of interest-bearing debt risk. As a future growth engine, the subsidiary now officially holds a concession for managing a commercial port.