2015 Annual Report


July 2016 Issue

The Company recorded Rp1,075.62 billion in revenue within the first semester 2016, or 18% lower than the same period in the previous year (6M15). A significant drop in CPO sales during the semester in review was blamed for the soft performance. Sales contribution from CPO, as the mainstay product, fell from RpRp1,087.57 billion in 6M15 to Rp865.98 billion in 6M16 because average selling price declined 11% from Rp7,755 per kg in 6M15 to Rp6,914 per kg in 6M16. Sales volume of the key contributor also retreated 11% during the period. Read More...
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