Aug 16, 2011

Astra Agro 7M CPO output rises 24.1%

PT Astra Agro Lestari Tbk (AALI) today reported a 24.1% increase in CPO production in the first 7 months of this year (7M 2011) to 705,136 tons from 568,315 tons. Thanks to higher fresh fruit bunch (FFB) output.
In an investor bulletin published today, the FFB output rose 18.1% to 2.6 million tons from 2.2 million tons.
Of the total FFB output, plantation area in Sumatra contributed 42%, while Kalimantan and Sulawesi contributed 37.7% and 20.3% respectively.

Disclosure: No position at the stock mentioned above.

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