Mar 16, 2011

BW Plantation 2M FFB output soars 65%

Palm oil producer PT BW Plantation Tbk (BWPT) reported a 65.92% jump in fresh fruit bunch (FFB) production the first 2 months of this year from the same period last year.
The company harvested 73,384 tons FFB from 44,228 tons FFB. CPO production rose 65.71% to 16,798 tons from 10,137 tons, while kernel output surged 61.44% to 2,809 tons from 1,740 tons.
In Februari 2011, FFB reached 34,676 tons FFB, a 62.71% increase from 21,311 tons FFB in the same period last year.
CPO production was 7,930 tons, a 62.17% rise from 4,890 tons, while kernel output reached 1,338 tons, a 58.16% jump from 846 tons. 

Disclosure: No position at the stock mentioned above.

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