JAKARTA (Yosefardi) – PT Dharma Satya Nusantara Tbk (DSNG) recorded a net profit of Rp521.5 billion through the third quarter of 2014, 323% higher than the Rp 123.3 billion reported in the same period last year.
DSNG Group booked net revenue of Rp 3.73 trillion during the first nine months of the year, for an increase of 39.2% compared to the same period last year.
The palm oil segment remains the largest contributor to Group revenue, accounting for 72.7% or Rp 2.71 trillion.
During the first nine months of this year, the Company’s average CPO selling price reached Rp 8.52 million per ton, significantly higher than the average selling price in the first nine months of 2013 at Rp 6.67 million
per ton.
As of the end of September 2014, the Company’s total assets reached Rp 6.78 trillion, an increase of 14.5% compared to the December 31, 2013 position of Rp 5.92 trillion.
The Company produced 920.1 thousand tons of Fresh Fruit Bunches (FFB) during the first nine months of this year, an 11.4% increase compared to production of 826.1 million tons of FFB over the same period last year.
CPO production rose by 24.1% compared to last year, from 232.7 thousand tons to 288.7 thousand tons during the first nine months.
Production of Palm Kernel Oil (PKO) also increased to 12,841 tons from 8,636 ton in the previous year.
As of 30 September 2014, our nucleus planted area has reached 61,469 hectares, of which 48,038 hectares were mature.