Palm oil player PT BW Plantation Tbk (BWPT), that is controlled by Widodo family, reported a 53.89% increase in fresh fruit bunch (ffb) output as of May 2011.
BW Plantation recorded 207,991 tons FFB in 5M 2011, 55,68% from 135,151 tons in 5M 2010, said the company in an official disclusure submitted to Indonesia Stock Exchange today. CPO production rose 55.68% to 48,425 tons from 31,105 tons.
Disclosure: No position at the stock mentioned above.
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