Sep 13, 2011

Astra Agro 8M CPO output rises 19.7%

During January–August 2011,CPO production of PT Astra Agro Lestari Tbk (AALI) reached 807,720 tons, an increase of 19.7% compared to the same period last year. 
In an official statement submitted to Indonesia Stock Exchange (IDX) today, the increase was mainly supported by the growth in fresh fruit bunch (FFB) production of 13.4%, from 2.63 million tons last year to 2.98 million tons. 
As the biggest contributor, during this period Sumatra region booked 1.25 million tons of FFB production or up by 10.3% compared to the same period last year, while Kalimantan and Sulawesi region were 1.13 million tons (up by 18.0%)  and 0.60 million tons (up by 11.7%) respectively. 

Disclosure: No position at the stock mentioned above.  

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