PTPN V Posts Profit Rp230.55 Billion

JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) V booked net profit of Rp230.55 billion in 2014, jumped by 77% from Rp130.38 billion in 2013. Revenue grew by 11.3% to Rp5.53 trillion from previous Rp4.97 trillion. Net sales of palm rose...

Austindo to Merge with Pusako Agro

JAKARTA (Yosefardi) – Plantation company PT Austindo Nusantara Jaya Tbk (ANJT) will merge with PT Pusako Agro Makmur which engages in plantation and trading and processing crude palm oil (CPO) products. ANJT will be the surviving company. ANJT now fully controls...