PTPN VI Posts 57% Profit Drop

PTPN VI Posts 57% Profit Drop

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) VI, based in Jambi (West Sumatera), booked net profit of Rp62.43 billion in 2013, dropped 57% from Rp144.88 billion in 2012. Commodity sales increased 6.5% to Rp2.34 trillion from previous...
TPS Food Acquires Golden Plantation

TPS Food Acquires Golden Plantation

JAKARTA (Yosefardi) – Food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) had in March 28, 2014 acquired PT Golden Plantation. TPS Food now engages in food manufacturing, rice processing & distribution, and palm oil plantations & CPO mill. In February...
PTPN V Profit Drops 58%

PTPN V Profit Drops 58%

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) V booked net profit of Rp130.38 billion in 2013, dropped 58% from Rp312.28 billion in 2012. Revenue declined 1% to Rp4.97 trillion from previous Rp5.02 trillion. Net sales of palm products...
Astra Agro CPO Output Grows 7.1%

Astra Agro CPO Output Grows 7.1%

JAKARTA (Yosefardi) – Plantation company PT Astra Agro Lestari Tbk (AALI) reported its harvested FFB production until February 2014 has decreased by 0.3% compared to the same period in 2013. In Sumatra harvested FFB production decreased by 7.1%, Sulawesi...