Sep 23, 2010

Astra Agro Augt. CPO output falls 0.8%

CPO production of publicly listed PT Astra Agro Lestari Tbk (AALI) for the period of January-August 2010 slightly fell 0.8% compared to the same period last year from previously 694,776 tons to 689,446 tons.
As reported in invetsor bulletin published by Astra Agro, the slightly decreased number was in line with better production of Astra Agro's CPO on monthly based.
In August 2010, AALI's CPO production reached 115,838 tons or a 5.8% increase compared to August production last year of 109,510 tons.
CPO average selling price for January-August 2010 increased 4.9% at the same period last year to Rp6,631 per kilo from previously Rp6,324 per kilo.

Disclosure: No position at the stock mentioned above.

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