CPO player PT PP London Sumatra Indonesia Tbk (Lonsum) produced 199,446 tons CPO in the first half of this year, a 25.2% increase from 159,247 tons in the previous year. CPO yield in nucleus plantation rose to 2 tons per hectare from 1.9 tons.
Fresh fruit bunch (FFB) of Lonsum rose 15.3% to 590,026 tons from 511,768 tons. FFB yield from nucleus increased to 8.6 tons per hectare from 8 tons per hectare.
Disclosure: No position at the stock mentioned above.
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