by Yohanes Obor | Nov 20, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation company PT Provident Agro Tbk (PALM) has set exercise price of its 2.1 billion new shares offering (rights issue) at Rp420, to raise total proceeds of Rp887.04 billion. The rights issue represents 30% of its enlarged capital....
by Yohanes Obor | Nov 15, 2013 | Agriculture, News, Resources
SINGAPORE (Yosefardi) – First Resources Limited produced 65,348 tons of crude palm oil (CPO) in October 2013, grew by 26.8% from 51,546 tons on the same period of last year. For first ten months of this year, the company’s CPO production reached 480,922 tons,...
by Yohanes Obor | Nov 7, 2013 | Agriculture, News, Resources
SINGAPORE (Yosefardi) – Wilmar International Limied booked net profit of US$416 million in third quarter of this year, inched up 3% compared to the same period of last year. Revenues meanwhile declined 4% to US$11.84 billion. For first nine months of this year,...
by Yohanes Obor | Nov 6, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT BW Plantation Tbk (BWPT) sets aside internal cash of Rp270 billion for funding its 2 CPO mills construction, to help boosting CPO production to 210 tons per hour from previous 135 tons. The company also mulls to issue new shares through...
by Yohanes Obor | Oct 31, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation company PT Sampoerna Agro Tbk (SGRO) booked net profit of Rp30.44 billion in first nine months of this year, dropped 87% from Rp233.34 billion in the same period of last year. Its sales fell 33% to Rp1.44 trillion from previous...
by Yohanes Obor | Oct 29, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Lower sales and higher cost cut Gozco Plantations’ net profit by 82% to Rp14.4 billion in first nine months of this year, from Rp82.58 billion in the same period of last year. Net sales declined to Rp264.58 billion from previous...