Oct 11, 2010

Astra Agro Sept. CPO output falls 1.1%

PT Astra Agro Lestari Tbk (AALI)’s CPO production in September 2010 reached 102,354 tons (29.9% higher compared to September 2009’s production which was 78,802 tons).
In a company bulletion submitted to Indonesia Stock Exchange today, AALI’s CPO production from January to September 2010 was 777,210 tons still lower 1.1% compared to the same period last year.
Its was inline with AALI’s FFB production from January - September 2010 which reached 3.02 million tons or 3.4% lower than its production in 2009 at the same period which reached 3.13 million tons.
The better positive growth of AALI’s FFB production showed by Kalimantan and Sulawesi areas which reached 1.12 million tons and 599,822 tons respectively. 

Disclosure: No position at the stock mentioned above. 

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