CPO prices weakened by 9.82% in February 2025
03 Feb 2025 14:23
Lower CPO prices are attributed to several factors, including weakening demand from key buyers such as India, and falling prices of other vegetable oils, such as soybean oil.
Production falls, DSNG net profit skyrockets 72%
30 Oct 2024 11:35
Even though PT Dharma Satya Nusantara Tbk (DSNG)'s palm oil fresh fruit bunches (FFB) production decreased by 5.1% year-on-year (yoy), the company's revenue and net profit actually increased, supported by rising selling prices and falling fertilizer prices.
Q3 saw AALI scoring profit of IDR 800.15 billion in Q3
30 Oct 2024 07:27
PT Astra Agro Lestari Tbk (AALI) bagged net profit of IDR 801.15 billion in Q3 2024, a slight increase from IDR 800.57 billion.
Q3 2024 saw TAPG’s profit skyrocketed 46.6%
24 Oct 2024 11:00
The profit of PT Triputra Agro Persada Tbk (TAPG) saw a surge of up to 46.6% year-on-year (yoy) in Q3 2024 compared to the same period in 2023.
Sawitmas Parenggan eyes IDR 110 billion through MTN issuance
04 Oct 2024 10:27
PT Sawitmas Parenggan, a palm plantation company operated since 2006 in Central Kalimantan, has issued Medium Term Notes (MTN) with total principal worth IDR 110 billion.
TAPG to join hands with Aisin Takaoka to produce biocoke from palm shells
24 Jun 2024 11:10
PT Triputra Agro Persada Tbk (TAPG) works with Aisin Takaoka Co, Ltd to produce biocoke from palm shells in Indonesia.
SIMP net profit slips 39%
29 Feb 2024 18:12
PT Salim Ivomas Pratama Tbk (SIMP) recorded a 39% decline in net profit throughout 2023 due to the decline in the average price of palm oil products. CPO production volume fell 4% to 708 thousand tons and Fresh Fruit Bunches (FFB) fell 1% to 2.78 million tons.
Wood segment faced downturn, DSNG's profit down 30% in 2023
29 Feb 2024 10:05
PT Dharma Satya Nusantara Tbk (DSNG), a palm plantation and wood manufacturing company, reported net profit of IDR 841.7 billion in 2023, which was 30% lower than IDR 1,2 trillion set in 2022.
CSRA to sign credit facility of IDR 390 billion from Bank Mandiri
19 Feb 2024 10:30
PT Cisadane Sawit Raya Tbk (CSRA), an issuer engaged in the agriculture sector, has signed the credit facility worth IDR 390 billion from PT Bank Mandiri (Persero) Tbk (BMRI).