In line with CPO production, pail oil producer PT Astra Agro Lestari Tbk (AALI)’s CPO sales volume for the period of January–December 2010 grew 5.2% to 1.11 million tons from 1.5 million tons in 2009.
Referring to the ASP in 2010, Astra Agro is estimated to post Rp7.80 trillion sales, a 5.12% increase from Rp7.42 trillion in 2009.
At the end of September 2010, Astra Agro booked Rp5.72 trillion revenue, a 4.72% increase from Rp5.46 trillion per September 2009.
In an investor bulletin filed to Indonesia Stock Exchange (IDX), about 92.1% of Astra Agro's 2010 CPO production was absorbed by the local market.
The average selling price (ASP) of AALI’s CPO of the above period increased 12.6% to Rp7,027 per kg, while its kernel average selling price also increased quite significant 57.4% to Rp4,070 per kg, and the PKO’s price rose 48.7% to Rp9,223 per kg.
Disclosure: No position at the stock mentioned above.
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