Delta Giri Wacana (DGWG) Books 58% Net Profit Growth in Q1 2025

May 7, 2025
Jakarta, May 6, 2025 – PT Delta Giri Wacana Tbk (DGWG) reported solid performance in the first quarter of 2025, marked by increased sales and profit during the period.
According to the company’s financial release on Wednesday (April 30), DGWG recorded a net profit attributable to owners of the parent entity of IDR 25.89 billion, a 57.66% increase compared to IDR 16.42 billion in the same period last year.
The company posted sales revenue of IDR 803.14 billion in Q1 2025, representing a 9.83% increase from IDR 731.27 billion in Q1 2024.
The cost of goods sold (COGS) stood at IDR 575.92 billion, up from IDR 521.96 billion in the same period last year. As a result, gross profit reached IDR 227.21 billion, up 8.56% from IDR 209.31 billion year-on-year.
Sales in Q1 2025 continued to be dominated by pesticide and fertilizer products, with the majority coming from third-party customers. Pesticide sales grew by 18.17%, while fertilizer sales rose by 6.30% compared to the same period last year.
DGWG Director Danny Jo Putra commented, “The increase in DGWG’s net profit in Q1 2025 was driven by sales growth in line with our predefined strategies and targets. This growth was also supported by our ability to maintain stable profit margins throughout the quarter. These results reflect the effectiveness of our growth strategy in generating profit.”
The company continues to pursue business growth through several initiatives, including the upcoming commissioning of a new carbamate plant — a key raw material in agrochemical production — which is scheduled to begin operations by the end of Q2 2025. These carbamate products are expected to serve not only internal and domestic market needs, but also expand into international markets.