Feb 20, 2012

Astra Agro 1M CPO output up 6.4%

Palm oil player PT Astra Agro Lestari Tbk (AALI) reported a 6.4% increase in CPO production to 98,042 tons in January this year from 92,116 tons a year earlier.
The rise of the CPO production was aligned with a 6.6% increase in fresh fruit bunch (FFB) production from 345,448 tons in the same period last year to 368,299 tons.
Based on the FFB production composition, during January 2012, Sumatra region contributed 43.3% of the total Astra Agro's FFB production, while Kalimantan and Sulawesi region contributed 37.2% and 19.5% respectively.

Disclosure: No position at the stock mentioned above.

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