Sustainable Business Continuity
Kabupaten Gresik, September 26, 2023 – PT Nusa Palapa Gemilang Tbk (Stock Code: “NPGF” atau “Perseroan”) would like to provide clarification on various questions regarding the Company's business continuity and future prospects. Since September 2022, the Company has begun construction of a new factory located in Panceng District, Gresik, consisting of a factory building, two sets of more efficient dry granulation machines, and other supporting facilities, with a total investment of IDR 60 billion. The construction process was completed in July 2023. The factory construction in Gresik Regency is expected to have a positive impact on the local economy by creating job opportunities for the local community.
The Company has been operating commercially and receiving fertilizer orders from several corporate customers (Business-to-Business or "B2B"). Currently, these fertilizer orders are in the final stages of production and delivery. Therefore, the Company is targeted to reach full capacity by the third quarter of this year, with a total order value of approximately IDR 30 billion. Furthermore, to ensure business continuity and revenue growth, the Company will implement various strategies, one of which is through market development. The Company believes there is still ample room for growth, particularly in the free market for both plantation and non-plantation segments, for both oil palm and horticultural crops. Going forward, the Company will, in addition to implementing a B2B business model, also develop markets with a Business-to-Consumer (B2C) business model as a manifestation of its commitment to maintaining long-term business continuity, ensuring competitiveness and adaptability to industry dynamics.
The Company has announced its Interim Consolidated Financial Statements for the six-month periods ended June 30, 2023, and June 30, 2022. As of June 30, 2023, the Company's total liabilities reached IDR 32.2 billion, an 82% decrease compared to IDR 195.7 billion reported on June 30, 2022. This significant decrease in liabilities was driven by the repayment of excessive bank debt, which had burdened the Company's net profit performance. A comparison of the Company's financial condition, based on the Debt-to-Equity Ratio (DER) of 0.17 and 0.85 as of June 30, 2023, and June 30, 2022, indicates a decrease in financial risk and an improving condition. The Company strives to continuously improve productivity and profitability by managing costs more efficiently and aligning available funds with production capacity at the new plant, ensuring that the Company does not incur an increase in its cost of capital.
About PT Nusa Palapa Gemilang Tbk
The Company has been operating since 2001 and is engaged in the production, marketing, and trading of primary macronutrient compound fertilizers. In 2023, PT Nusa Palapa Gemilang Tbk produced NPK fertilizer using the dry granulation system. NPGF was publicly listed on the Indonesia Stock Exchange on April 14, 2021.
For further information, please contact
Corporate Secretary
T +6231 8485665 | F +6231 8495095
corporatesecretary@ptnpg.com
www.ptnpg.com
This press release has been prepared by PT Nusa Palapa Gemilang Tbk. ("NPGF") and is being circulated for general information purposes only and does not constitute a recommendation regarding NPGF shares. NPGF shall not be liable for any consequences arising from reliance on the whole or any part of the contents of this press release and neither NPGF nor its affiliated Companies and their respective employees and agents accept any liability for any errors, omissions or inaccuracies that may arise.
The Company has been operating commercially and receiving fertilizer orders from several corporate customers (Business-to-Business or "B2B"). Currently, these fertilizer orders are in the final stages of production and delivery. Therefore, the Company is targeted to reach full capacity by the third quarter of this year, with a total order value of approximately IDR 30 billion. Furthermore, to ensure business continuity and revenue growth, the Company will implement various strategies, one of which is through market development. The Company believes there is still ample room for growth, particularly in the free market for both plantation and non-plantation segments, for both oil palm and horticultural crops. Going forward, the Company will, in addition to implementing a B2B business model, also develop markets with a Business-to-Consumer (B2C) business model as a manifestation of its commitment to maintaining long-term business continuity, ensuring competitiveness and adaptability to industry dynamics.
The Company has announced its Interim Consolidated Financial Statements for the six-month periods ended June 30, 2023, and June 30, 2022. As of June 30, 2023, the Company's total liabilities reached IDR 32.2 billion, an 82% decrease compared to IDR 195.7 billion reported on June 30, 2022. This significant decrease in liabilities was driven by the repayment of excessive bank debt, which had burdened the Company's net profit performance. A comparison of the Company's financial condition, based on the Debt-to-Equity Ratio (DER) of 0.17 and 0.85 as of June 30, 2023, and June 30, 2022, indicates a decrease in financial risk and an improving condition. The Company strives to continuously improve productivity and profitability by managing costs more efficiently and aligning available funds with production capacity at the new plant, ensuring that the Company does not incur an increase in its cost of capital.
About PT Nusa Palapa Gemilang Tbk
The Company has been operating since 2001 and is engaged in the production, marketing, and trading of primary macronutrient compound fertilizers. In 2023, PT Nusa Palapa Gemilang Tbk produced NPK fertilizer using the dry granulation system. NPGF was publicly listed on the Indonesia Stock Exchange on April 14, 2021.
For further information, please contact
Corporate Secretary
T +6231 8485665 | F +6231 8495095
corporatesecretary@ptnpg.com
www.ptnpg.com
This press release has been prepared by PT Nusa Palapa Gemilang Tbk. ("NPGF") and is being circulated for general information purposes only and does not constitute a recommendation regarding NPGF shares. NPGF shall not be liable for any consequences arising from reliance on the whole or any part of the contents of this press release and neither NPGF nor its affiliated Companies and their respective employees and agents accept any liability for any errors, omissions or inaccuracies that may arise.
More News
NPGF Performance Strengthens, Sales Grow 33.4 Percent and Production Soars 69 Percent 2025NPGF's Performance Strengthens, Sales Grow 33.4 Percent and Production Soars 69 Percent in 2025
Gresik, January 19, 2026 - PT Nusa Palapa Gemilang Tbk (NPGF) recorded strong performance throughout 2025. The company posted sales growth of 33.4 percent compared to the previous year, in line with a 69 percent year-on-year increase in production performance.
This growth reflects the company's success in optimizing production capacity and maintaining supply continuity to meet market demand.
The significant increase in production is considered a crucial factor in supporting consistent sales growth.
President Director of PT Nusa Palapa Gemilang Tbk, Ujang Suparman, stated that this achievement is the result of strengthening the company's operational fundamentals.
"We are making improvements to production planning, process efficiency, and strengthening distribution. With more ready capacity, the company can respond to market needs more quickly and stably," said Ujang Suparman.
According to him, the surge in production provides the company with greater room to maintain product availability in the market while strengthening relationships with its distribution network.
Entering 2026, management has set a strategic focus on strengthening marketing. After going through a phase of capacity expansion and operational consolidation, NPGF will direct its strategy toward increasing market penetration, strengthening its brand, and optimizing its distribution network.
"We are positioning 2026 as a marketing year. Our main focus is to maximize market potential from existing capacity, with a more structured and sustainable approach," explained Ujang.
As part of this strategy, the company will also launch new products: Mono Potassium Phosphate (MKP) and Potassium Nitrate (KNO₃). This product is expected to
complement NPGF's portfolio, particularly for the agriculture and plantation segments with more specific plant nutrient needs.
Management emphasized that future expansion will remain measured, with a focus on efficiency, product quality, and sustainable growth.
With strengthened production performance and a marketing and product innovation agenda for
2026, NPGF is optimistic about strengthening its position in the national fertilizer industry...
Gresik, January 19, 2026 - PT Nusa Palapa Gemilang Tbk (NPGF) recorded strong performance throughout 2025. The company posted sales growth of 33.4 percent compared to the previous year, in line with a 69 percent year-on-year increase in production performance.
This growth reflects the company's success in optimizing production capacity and maintaining supply continuity to meet market demand.
The significant increase in production is considered a crucial factor in supporting consistent sales growth.
President Director of PT Nusa Palapa Gemilang Tbk, Ujang Suparman, stated that this achievement is the result of strengthening the company's operational fundamentals.
"We are making improvements to production planning, process efficiency, and strengthening distribution. With more ready capacity, the company can respond to market needs more quickly and stably," said Ujang Suparman.
According to him, the surge in production provides the company with greater room to maintain product availability in the market while strengthening relationships with its distribution network.
Entering 2026, management has set a strategic focus on strengthening marketing. After going through a phase of capacity expansion and operational consolidation, NPGF will direct its strategy toward increasing market penetration, strengthening its brand, and optimizing its distribution network.
"We are positioning 2026 as a marketing year. Our main focus is to maximize market potential from existing capacity, with a more structured and sustainable approach," explained Ujang.
As part of this strategy, the company will also launch new products: Mono Potassium Phosphate (MKP) and Potassium Nitrate (KNO₃). This product is expected to
complement NPGF's portfolio, particularly for the agriculture and plantation segments with more specific plant nutrient needs.
Management emphasized that future expansion will remain measured, with a focus on efficiency, product quality, and sustainable growth.
With strengthened production performance and a marketing and product innovation agenda for
2026, NPGF is optimistic about strengthening its position in the national fertilizer industry...
NPGF Ready to Launch New Products: MKP and KNO3 FertilizersNPGF announced plans to launch two new water-soluble fertilizer products, MKP (Mono Potassium Phosphate) and KNO₃ (Potassium Nitrate), in early 2026.
This step is part of the company's strategy to expand its portfolio and strengthen operational fundamentals in the modern agricultural sector.
NPGF President Director, Ujang Suparman, explained that the development of water-soluble fertilizers is a response to the growing market demand for precision fertilization solutions.
"Agriculture is currently moving towards input efficiency and consistent results. Water-soluble products like MKP and KNO₃ are capable of providing a fast response and high absorption rates," he said.
According to Ujang, both products are completely chlorine-free, making them suitable for high-value commodities and sensitive crops. NPGF emphasized that the development of MKP and KNO₃ aligns with the national need to maintain stable agricultural and plantation production.
"Nutritional efficiency and production stability are part of our contribution to the food security agenda. High-purity products will help farmers and plantations achieve more consistent yields," Ujang added.
MKP fertilizer is high in phosphorus and potassium, ideal for flowering and fruiting, while KNO₃ provides nitrate nitrogen for direct plant uptake, as well as potassium for crop quality and storage.
The combination of these two fertilizers supports productivity and the specific nutritional needs of horticulture and plantations.
In terms of performance, NPGF projects that MKP and KNO₃ will begin to contribute gradually to sales from the first year of launch.
The company estimates that these two products will contribute a significant portion to sales growth by 2026, as the adoption of water-soluble fertilizers increases in the domestic market.
This contribution is expected to come from the agriculture and plantation segments, supported by the increasingly widespread adoption of various precision fertilizer application methods.
To support this target, NPGF has prepared a series of field tests, strengthened quality control with a solubility standard above 99%, and conducted technical education materials for distributors and marketing teams.
This approach is expected to accelerate market penetration while maintaining consistent product quality.
Ujang believes that the launch of MKP and KNO₃ has strategic significance for the company.
"We continue to gradually strengthen our product line and operational performance. Our focus is on providing relevant, modern, and long-term solutions for the agriculture and plantation sectors," he said.
The official launch is scheduled for the first quarter of 2026 and will be followed by a series of publications, demonstration plots, and fertilizer efficiency campaigns in various regions...
This step is part of the company's strategy to expand its portfolio and strengthen operational fundamentals in the modern agricultural sector.
NPGF President Director, Ujang Suparman, explained that the development of water-soluble fertilizers is a response to the growing market demand for precision fertilization solutions.
"Agriculture is currently moving towards input efficiency and consistent results. Water-soluble products like MKP and KNO₃ are capable of providing a fast response and high absorption rates," he said.
According to Ujang, both products are completely chlorine-free, making them suitable for high-value commodities and sensitive crops. NPGF emphasized that the development of MKP and KNO₃ aligns with the national need to maintain stable agricultural and plantation production.
"Nutritional efficiency and production stability are part of our contribution to the food security agenda. High-purity products will help farmers and plantations achieve more consistent yields," Ujang added.
MKP fertilizer is high in phosphorus and potassium, ideal for flowering and fruiting, while KNO₃ provides nitrate nitrogen for direct plant uptake, as well as potassium for crop quality and storage.
The combination of these two fertilizers supports productivity and the specific nutritional needs of horticulture and plantations.
In terms of performance, NPGF projects that MKP and KNO₃ will begin to contribute gradually to sales from the first year of launch.
The company estimates that these two products will contribute a significant portion to sales growth by 2026, as the adoption of water-soluble fertilizers increases in the domestic market.
This contribution is expected to come from the agriculture and plantation segments, supported by the increasingly widespread adoption of various precision fertilizer application methods.
To support this target, NPGF has prepared a series of field tests, strengthened quality control with a solubility standard above 99%, and conducted technical education materials for distributors and marketing teams.
This approach is expected to accelerate market penetration while maintaining consistent product quality.
Ujang believes that the launch of MKP and KNO₃ has strategic significance for the company.
"We continue to gradually strengthen our product line and operational performance. Our focus is on providing relevant, modern, and long-term solutions for the agriculture and plantation sectors," he said.
The official launch is scheduled for the first quarter of 2026 and will be followed by a series of publications, demonstration plots, and fertilizer efficiency campaigns in various regions...
Granular Fertilizer: An Effective Solution for Oil Palm, Horticultural, and Food Crop PlantationsWhat is Granular Fertilizer?
Granular fertilizer is a fertilizer in the form of solid granules with a relatively uniform size. This granule form is produced through mechanical or chemical processing, making it easier to apply to agricultural and plantation land. Compared to powdered or liquid fertilizers, granular fertilizers have several advantages, such as longer shelf life, resistance to clumping, and greater efficiency in nutrient absorption by plants.
Advantages of Granular NPG Fertilizer
1. Easy Application
Granular NPG fertilizer is easy to spread manually or with the help of mechanical equipment, saving time and labor.
2. More Even Nutrient Release
With a uniform granule form, fertilizer distribution across the land is more even. This is crucial to ensuring plants receive a balanced nutritional intake.
3. Minimal Nutrient Loss
Granular fertilizers are more resistant to evaporation and washout during heavy rain, resulting in higher fertilizer efficiency.
4. Suitable for Various Commodities
NPG granular fertilizer is widely used in oil palm plantations, horticulture (chili, tomato, onion), and food crops (rice and corn).
NPG Granular Fertilizer for Oil Palm
Oil palm is a major commodity that requires large and continuous amounts of nutrients. NPG palm fertilizer is the right choice because:
1. Nutrients are more stable in the soil even with high rainfall.
2. Application is more efficient in plantation areas with large hectares.
3. Optimal yields, both for vegetative growth and fresh fruit bunch (FFB) productivity.
As a national granular fertilizer producer, Pupuk NPG has supported many oil palm plantations with NPG palm fertilizer products formulated according to the specific needs of the crop. This has resulted in a sustainable increase in oil palm productivity.
NPG Granular Fertilizer for Horticulture and Food Crops
In addition to oil palm, NPG fertilizer is also increasingly used in the horticulture and food crop sectors.
1. Horticulture: Crops such as chili peppers, tomatoes, and onions require precise fertilization for maximum yields. Granulated NPG fertilizer provides macro and micronutrients with a more controlled release.
2. Food Crops: Rice and corn require fertilizers that can maintain nutrient availability throughout the growing season. NPG fertilizer is a solution for cost efficiency while increasing crop yields.
Granulated NPG Fertilizer and the National Food Security Program
The Indonesian government is currently promoting a national food security program to ensure the availability of strategic food commodities such as rice, corn, soybeans, and various horticultural commodities. Within this program, balanced fertilization and efficient fertilizer use are crucial factors in increasing land productivity.
Granulated fertilizer plays a significant role in supporting this program because it:
1. Ensures more even nutrient distribution.
2. Reduces fertilizer loss due to evaporation or rainwater washout.
3. Increases crop yields in a more sustainable manner.
As a national chemical fertilizer producer, NPG (PT Nusa Palapa Gemilang Tbk.) is committed to supporting the government in achieving food security by providing granular NPG fertilizer tailored to the needs of oil palm plantations, horticulture, and food crops.
Granular Fertilizer Products from NPG
To meet the needs of various agricultural and plantation sectors, NPG (Nusa Palapa Gemilang) offers various variants of NPG granular fertilizer, including a special formulation of NPG palm oil fertilizer:
A. NPK Ferticomp
1. 12-12-17-2
2. 15-15-6-4
3. 13-6-27-4
4. 15-15-15
5. 7-6-34
6. 12-6-22
B. NK Ferticomp
1. 17-28
C. NPK SinutriHS
1. 16-16-16
2. 13-6-27
D. NPK Control Release (CCF Ferticote)
1. 15-25-6
E. NutrimixGT Micro Fertilizer
1. Cu-Zn-B
In addition to the superior products above, NPG can also provide granular fertilizers to order. (customized fertilizer) to support optimal productivity of various agricultural and plantation commodities.
NPG: Partner of Farmers and Plantations
As a national fertilizer producer, NPG (PT Nusa Palapa Gemilang Tbk.) is committed to providing high-quality fertilizers, including NPG palm oil fertilizer and granular fertilizers for various commodities. With its extensive experience, NPG continues to innovate, delivering products tailored to the needs of oil palm, horticultural, and food crop plantations throughout Indonesia...
Granular fertilizer is a fertilizer in the form of solid granules with a relatively uniform size. This granule form is produced through mechanical or chemical processing, making it easier to apply to agricultural and plantation land. Compared to powdered or liquid fertilizers, granular fertilizers have several advantages, such as longer shelf life, resistance to clumping, and greater efficiency in nutrient absorption by plants.
Advantages of Granular NPG Fertilizer
1. Easy Application
Granular NPG fertilizer is easy to spread manually or with the help of mechanical equipment, saving time and labor.
2. More Even Nutrient Release
With a uniform granule form, fertilizer distribution across the land is more even. This is crucial to ensuring plants receive a balanced nutritional intake.
3. Minimal Nutrient Loss
Granular fertilizers are more resistant to evaporation and washout during heavy rain, resulting in higher fertilizer efficiency.
4. Suitable for Various Commodities
NPG granular fertilizer is widely used in oil palm plantations, horticulture (chili, tomato, onion), and food crops (rice and corn).
NPG Granular Fertilizer for Oil Palm
Oil palm is a major commodity that requires large and continuous amounts of nutrients. NPG palm fertilizer is the right choice because:
1. Nutrients are more stable in the soil even with high rainfall.
2. Application is more efficient in plantation areas with large hectares.
3. Optimal yields, both for vegetative growth and fresh fruit bunch (FFB) productivity.
As a national granular fertilizer producer, Pupuk NPG has supported many oil palm plantations with NPG palm fertilizer products formulated according to the specific needs of the crop. This has resulted in a sustainable increase in oil palm productivity.
NPG Granular Fertilizer for Horticulture and Food Crops
In addition to oil palm, NPG fertilizer is also increasingly used in the horticulture and food crop sectors.
1. Horticulture: Crops such as chili peppers, tomatoes, and onions require precise fertilization for maximum yields. Granulated NPG fertilizer provides macro and micronutrients with a more controlled release.
2. Food Crops: Rice and corn require fertilizers that can maintain nutrient availability throughout the growing season. NPG fertilizer is a solution for cost efficiency while increasing crop yields.
Granulated NPG Fertilizer and the National Food Security Program
The Indonesian government is currently promoting a national food security program to ensure the availability of strategic food commodities such as rice, corn, soybeans, and various horticultural commodities. Within this program, balanced fertilization and efficient fertilizer use are crucial factors in increasing land productivity.
Granulated fertilizer plays a significant role in supporting this program because it:
1. Ensures more even nutrient distribution.
2. Reduces fertilizer loss due to evaporation or rainwater washout.
3. Increases crop yields in a more sustainable manner.
As a national chemical fertilizer producer, NPG (PT Nusa Palapa Gemilang Tbk.) is committed to supporting the government in achieving food security by providing granular NPG fertilizer tailored to the needs of oil palm plantations, horticulture, and food crops.
Granular Fertilizer Products from NPG
To meet the needs of various agricultural and plantation sectors, NPG (Nusa Palapa Gemilang) offers various variants of NPG granular fertilizer, including a special formulation of NPG palm oil fertilizer:
A. NPK Ferticomp
1. 12-12-17-2
2. 15-15-6-4
3. 13-6-27-4
4. 15-15-15
5. 7-6-34
6. 12-6-22
B. NK Ferticomp
1. 17-28
C. NPK SinutriHS
1. 16-16-16
2. 13-6-27
D. NPK Control Release (CCF Ferticote)
1. 15-25-6
E. NutrimixGT Micro Fertilizer
1. Cu-Zn-B
In addition to the superior products above, NPG can also provide granular fertilizers to order. (customized fertilizer) to support optimal productivity of various agricultural and plantation commodities.
NPG: Partner of Farmers and Plantations
As a national fertilizer producer, NPG (PT Nusa Palapa Gemilang Tbk.) is committed to providing high-quality fertilizers, including NPG palm oil fertilizer and granular fertilizers for various commodities. With its extensive experience, NPG continues to innovate, delivering products tailored to the needs of oil palm, horticultural, and food crop plantations throughout Indonesia...
PT Nusa Palapa Gemilang TbkSince its establishment in 2001 until now, the company has grown and developed very proudly.
KONTAK INFORMASI
Head Office and Factory:
Jl. Raya Daendles KM 56, Desa Banyutengah, Kecamatan Panceng, Kabupaten Gresik, Jawa Timur
Jl. Raya Daendles KM 56, Desa Banyutengah, Kecamatan Panceng, Kabupaten Gresik, Jawa Timur
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