Satya Dharma CPO Production Reaches 145,397 Tons

JAKARTA – PT Dharma Satya Nusantara Tbk (DSNG) increase the production of crude palm oil (CPO) to 145 397 tonnes in the first half of 2013, an increase of 31.1 percent compared with the same period last year.

Director of Dharma Satya Nusantara, Djojo Boentoro, revealing CPO sales volume also increased significantly by 30.5 percent to 147 693 tonnes. The Company also recorded an increase in the production of fresh fruit bunches (FFB) during the period January to June 2013 reached 555,570 tons, an increase of 28 percent year on year.

“TBS is processed to reach 600 350 tonnes, up 35.0% from a year ago, which is obtained from the core plantations, smallholders and third parties,” he said in a press release on Tuesday (30/07/2013).

He explained that the increase in FFB production volume due to increased crop area grown and the age of the company’s plants. Mature plants increased the total area of ​​42 333 hectares in 2012 to 48,470 hectares in 2013. Meanwhile, the productivity of FFB per hectare to 11.9 tonnes per hectare increased by 9% over the same period the previous year.

The company targets the padatahun new planting could be 8,000 acres, consisting of the core consisting of 4,200 and 3,800 for a plasma.

Related to financial performance, DSNG successfully posted net sales of Rp 1.7 trillion, or relatively equal to sales in the same period last year, in the midst of the recent decline in CPO prices.