Dec 8, 2010

Astra Agro 11M CPO output rises 1.6%

CPO production of PT Astra Agro Lestari Tbk (AALI)for the period of January-November reached 1 million tons or grew by 1.6% from 994,024 tons at the same period in 2009.
In a public announcement filed to Indonesia Stock Exchange (IDX) today, this production was contributed by Astra Agro's fresh fruit bunch (FFB) harvested production of 3.87 million tons, which were still lower by 2.1% compared the same period in 2009.
Astra Agro’s FFB which were produced by Sumatra and Sulawesi areas fell by 7.2% and 3.7% respectively, while Kalimantan area rose by 5.3%.
It was found that third parties FFB’s processed for this period increased by 50.4% compared to the same period in 2009, this was in line with the increasing of the company's FFB processed by 2.3%.
Astra Agro's FFB yield for the 11 months period in 2010 reached 18.48 tons/ha, retreated by 7.8% compared to the same period in 2009, while the company's kernel production reached 217,866 tons, increased by 1.9% compared to the same period in 2009 which were 213,703 tons.

Disclosure: No position at the stock mentioned above.

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