Japfa sells Vaksindo for IDR 1.81 trillion. 28.70 percent growth marks Japfa Comfeed Indonesia stock
Published on 10/19/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital allocation and earnings
- Japfa sold Vaksindo for IDR 1.81 trillion on September 29, 2026.
- First-half 2026 revenue reached IDR 35.36 trillion, up 28.70 percent year on year.
- Japfa Comfeed Indonesia stock was last at IDR 1,645.00 at 3:29 p.m. WIB on October 19, 2026, on the IDX.
Japfa Comfeed Indonesia (ISIN ID1000126907) sold Vaksindo for IDR 1.81 trillion, a transaction that redirects capital toward its core agribusiness. CNBC Indonesia reported on October 2, 2026, that the company sold Vaksindo and related businesses in India and Vietnam to Japfa Pte Ltd and Bionovus Pte Ltd. The sale covers animal vaccines and veterinary pharmaceuticals, while the proceeds are intended to support feed milling, integrated poultry farming, aquaculture and downstream food processing.
Sale sharpens the capital question
The transaction became effective on September 29, 2026, when Japfa and its subsidiary Ciomas Adisatwa transferred 31,000 Vaksindo shares. CNBC Indonesia said the divestment is designed to monetize the asset and reinvest in Japfa's core operations. The key test is whether the proceeds translate into capacity and stronger cash generation rather than only a one-time balance-sheet benefit.
What does earnings growth mean?
Japfa reported IDR 35.36 trillion in revenue for the first half of 2026, up 28.70 percent from IDR 27.48 trillion in the first half of 2025. Net income rose 97.00 percent to IDR 2.68 trillion from IDR 1.36 trillion, according to Trenasia on October 9, 2026. The improvement was uneven: the poultry breeding segment rose from IDR 189.37 billion to IDR 1.29 trillion, while commercial farming fell from IDR 547.78 billion to IDR 365.61 billion.
Three dates frame the stock
On September 29, 2026, Japfa completed the Vaksindo transfer for IDR 1.81 trillion; on October 6, 2026, UOB Kay Hian kept a BUY rating and a IDR 2,900 target; on October 19, 2026, the IDX quote stood at IDR 1,645.00. UOB Kay Hian based its target on 7 times estimated 2026 earnings and expected third-quarter profit to improve as poultry prices recovered.
Key dates for investors
The two dated reference points are September 29, 2026, for the effective Vaksindo sale, and October 6, 2026, for the UOB Kay Hian research note. UOB Kay Hian also cited new plants in Boyolali and Wonoayu and a slaughterhouse in Nganjuk planned by the end of 2026.
IDX quote reflects the latest pressure
Japfa Comfeed Indonesia was last at IDR 1,645.00 on the IDX on October 19, 2026 at 3:29 p.m. WIB. The quote sits at the bottom of its IDR 1,645.00 to IDR 2,970.00 52-week range, while first-half earnings growth and the Vaksindo proceeds offer competing signals for the next report.
The further course of trading is shown by the continuously updated quote of Japfa Comfeed Indonesia stock.
Japfa Comfeed Indonesia key data
- Company: PT Japfa Comfeed Indonesia Tbk
- ISIN: ID1000126907
- Ticker: JPFA.JK
- Primary exchange: IDX
- Price on IDX: IDR 1,645.00 (as of October 19, 2026, 3:29 p.m. WIB)
- Market capitalization: IDR 19.3 trillion (as of October 19, 2026)
- 52-week range: IDR 1,645.00-2,970.00 (as of October 19, 2026)
- Sector / Industry: Consumer Defensive / Agricultural Farm Products
Market context: Market report IDX Composite.
