JAKARTA - PT Dharma Satya Nusantara Tbk (DNSG), a wood and Crude Palm Oil (CPO) processing company, obtained a credit facility of Rp 624 billion from PT Bank Central Asia Tbk (BBCA), which will be used for business expansion.
As quoted from the company disclosure, Paulina Suryanti, Corporate Secretary of PT Dharma Satya Nusantara Tbk (DSNG) said the credit facility enabled the company to make more investments.
At present, DNSG manages 108,411 hectares of land and 9 palm oil mills with a total processing capacity of 510 tons of Fresh Fruit Bunches (FFB) per hour. The company's CPO production in the first half of 2019 reached 262 thousand tons, 40% higher than the figure recorded in the same period last year. For its plantation area, 81,392 hectares are core plantations and 20,407 hectares are smallholdings. (LK/AR)