Bumitama Agri Ltd. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:23 pm
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Bumitama Agri Ltd. reported production results for the third quarter and nine months ended September 30, 2023. For the quarter, the company produced FFB Nucleus of 743,539 ton against 721,962 ton a year ago. FFB Plasma production was 323,688 ton against 326,734 ton a year ago. FFB Yield was 6.0 ton/ha against 5.8 ton/ha a year ago. FFB External was 460,308 ton against 385,745 ton a year ago. CPO Production was 351,585 ton against 320,520 ton a year ago. OER was 23.0% against 22.3% a year ago. PK Production was 73,254 ton against 66,375 ton a year ago.
For the nine months, the company produced FFB Nucleus of 1,941,133 ton against 2,087,590 ton a year ago. FFB Plasma production was 846,959 ton against 922,152 ton a year ago. FFB Yield was 15.4 ton/ha against 16.6 ton/ha a year ago. FFB External was 1,200,119 ton against 1,128,794 ton a year ago. CPO Production was 901,228 ton against 923,554 ton a year ago. OER was 22.6% against 22.3% a year ago. PK Production was 184,817 ton against 194,330 ton a year ago.
Bumitama Agri Ltd. is an Indonesia-based fresh fruit bunch (FFB) grower and producer of crude palm oil (CPO) and palm kernels (PK). The principal activity of the Company is investment holding. The principal activities of the subsidiaries are that of investment holding, operating oil palm plantations and palm oil mills located across the Indonesian provinces of Central Kalimantan, West Kalimantan and Riau, and the production and trading of crude palm oil and related products. It is engaged in the cultivation of oil palm trees, as well as the harvesting and processing of fresh palm fruit bunches (FFB) into CPO and PK. The Company has a total of 15 mills with a total planted area of approximately 187,628 hectares. Its mills include Pundu Nabatindo Mill, Katari Agro Mill, Gunung Makmur Mill, Bukit Makmur Mill, Sungai Cempaga Mill, Selucing Mill, Kotawaringin Mill, Lamandau Mill, Tonam Raya Mill, Kendawangan Mill, Pembangunan Raya Mill, Sungai Rasau Mill and Bukit Tunggal Jaya Mill.