SINGAPORE (Yosefardi) – Bumitama Agri Ltd booked sales revenue of Rp1.21 trillion for crude palm oil (CPO) in first quarter of this year, grew by 49.3% from Rp812.5 billion in the same period of last year.
CPO sales volume increased 10.3% to 138,032 MT with average sale price rising 35.3% to Rp8,786 per kilogram.
Meanwhile sales revenue of palm kernel jumped 138% to Rp144.5 billion. Bumitama sold 25,848 MT of palm kernel in the period, a 9.2% rise. While average sales price of palm kernel surged 118% to Rp5,591 per kilogram.
Bumitama booked revenue of Rp1.36 trillion in first quarter of this year, a 55.4% rise and Ebitda increased by 72.2% to Rp467 billion. Profit for the period jumped 97.9% to Rp354.08 billion.
FFB production increased 24% to 456,702 MT while total planted area was 149,683 hectares.