Mentan: Pupuk Indonesia Reaps Rp2.5 Trillion Profit Despite 20 Percent Price Drop Revitalization of the national fertilizer system yields great efficiency and assurance for farmers. Red: Gita Amanda

REPUBLIKA.CO.ID, JAKARTA -- Minister of Agriculture Andi Amran Sulaiman stated that the 20 percent decrease in subsidized fertilizer prices does not result in a loss for PT Pupuk Indonesia (Persero). On the contrary, the state-owned enterprise is projected to gain an additional profit of Rp2.5 trillion next year. "Next year, with the fertilizer prices down, Pupuk Indonesia will actually gain an additional profit of Rp2.5 trillion. So, the profit has increased, the volume has increased, it is efficient, the price has decreased. Beautiful, isn't it? That's revitalization," said the Minister at the Ministry of Agriculture office in Jakarta on Wednesday. According to Amran, the decrease in fertilizer prices can be achieved thanks to the efficiency of the industry and the improvement in the management of national fertilizer distribution. This policy is part of the fertilizer sector revitalization program initiated by President Prabowo Subianto with a comprehensive approach from ...