BW Plantation’s Profit Jumps 54%

JAKARTA (Yosefardi) – PT BW Plantation Tbk (BWPT) booked net profit of Rp159 billion in first nine months of 2014, jumped 54% from Rp103 billion in the corresponding period of 2013. Net sales rose 30% to Rp1.02 trillion from previous Rp786 billion. Crude palm...

KL Kepong and Astra Agro Set Up JV

KUALA LUMPUR (Yosefardi) – Kuala Lumpur Kepong Berhad (KLK), through its wholly-owned subsidiary, KL-Kepong Plantation Holdings Sdn Bhd had on 10 November 2014 entered into a joint venture (JV) agreement with PT Astra Agro Lestari Tbk (AALI). AALI will be a 50%...
PTPN 3 Posts Profit Rp387 Billion

PTPN 3 Posts Profit Rp387 Billion

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) III, based in Medan (Sumatera), booked net profit of Rp387 billion in first half of 2014, jumped 250% from Rp110 billion in the same period of 2013. Net sales rose 27.6% to Rp3.22 trillion from...