Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585 Kalimantan: Jln. Malijo No.21 RT 09/RW03, Madurejo, Arut Selatan, Kotawaringin Barat, Kalimantan Tengah, Indonesia Tel / Fax +62-532 24264
Jakarta : Sampoerna Strategic Square, Tower A, 24th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia Tel +62-21 5770886, 5771711 Fax +62-21 5770015, 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk.
COMPANY NEWSLETTER
April 2010 Issue
Summary
RECOVERING MARKET CONDITION
Jakarta, April 30, 2010 – PT Sampoerna Agro Tbk. "“a poe a Ag o" o the Co pa y released its financial and operational results for the period ending in March 31, 2010.
A positive note coming from the industry is that the average market price of CPO traded in MDEX, Malaysia has risen by 33% between the two periods, from MYR1,930.14 per ton in first quarter of 2009 to MYR2,568.82 per ton in first quarter of 2010. The latter is also 12% higher than the average market price during fourth quarter of 2009. We believe that this upward trend is in tandem with the generally recovering global economy happening within this past year.
Meanwhile, Sampoerna Agro managed to sell its CPO at about Rp6.54 million per ton during first quarter of 2010, or 24% higher than Rp5.29 million per ton in the same period of 2009. The figure is also 12% higher than average price recorded in fourth quarter of 2009.
Total FFB output of the Company in the first quarter of 2010 reached 190,890 tons while revenue in the same period amounted to Rp302.15 billion, or 94% higher than Rp155.98 billion recorded in the same period of 2009 which is mainly due to higher average selling price compounded with increased sales volume of its CPO.
One of recent activities undertaken is the commissioning of a new mill on March 24, 2010 which brought additional processing capacity of 60 tons of FFB per hour located in South Sumatra region. Thus, current total processing capacity out of 6 mills is 455 tons of FFB per hour. Another recent activity was that one of the Company subsidiaries, PT Sampoerna Bio Fuels, signed a ac uisitio ag ee e t to ac ui e PT Natio al “ago P i a N“P , a sago plantation company located in Tebing Tinggi island of Riau province in Sumatra. NSP has access to 21,620 hectares of total land bank to pla t sago. The ove is pa t of “a poe a Ag o’s strategy to grow into carbohydrate based downstream products while maintaining its main focus on the CPO industry.
Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585 Kalimantan: Jln. Malijo No.21 RT 09/RW03, Madurejo, Arut Selatan, Kotawaringin Barat, Kalimantan Tengah, Indonesia Tel / Fax +62-532 24264
Jakarta : Sampoerna Strategic Square, Tower A, 24th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia Tel +62-21 5770886, 5771711 Fax +62-21 5770015, 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk.
COMPANY NEWSLETTER
April 2010 Issue
Corporate Details
o Area statement as of March 2010 is as follows:
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Unit Jan-10 Feb-10 Mar-10 YTD 10 Jan-09 Feb-09 Mar-09 YTD 09 Change
FFB - Smtra ton 49,554 44,843 56,509 150,906 45,370 18,392 23,259 87,021 +73.4%
Note: Not all FFB was processed by palm oil mill within the same month it was harvested
o Average net selling price data is as follows:
Unit Jan-10 Feb-10 Mar-10 YTD 10 Jan-09 Feb-09 Mar-09 YTD 09 Change
CPO Rp/kg 6,461 6,448 6,730 6,544 5,039 5,498 5,988 5,294 +23.6%
P.Kernel Rp/kg 2,647 3,178 3,417 3,145 2,043 2,157 2,400 2,162 +45.4%
G.Seeds Rp/seed 6,615 6,175 6,312 6,388 6,313 5,790 6,089 6,106 +4.6%
Rubber Rp/kg 13,700 13,900 14,500 14,022 7,350 6,600 6,700 6,859 +104.4%
o Sales data is as follows:
Unit Jan-10 Feb-10 Mar-10 YTD 10 Jan-09 Feb-09 Mar-09 YTD 09 Change
CPO Rp bn 112.29 57.22 82.88 252.39 73.02 41.65 18.53 133.20 +89.5%
P.Kernel Rp bn 6.84 8.53 15.10 30.47 6.94 3.63 4.22 14.78 +106.2%
G.Seeds Rp bn 5.13 3.59 4.28 13.00 3.61 2.06 1.75 7.42 +75.1%
Rubber Rp bn 0.60 0.62 0.59 1.80 0.19 0.24 0.15 0.58 +211.1%
Total Sales Rp bn 127.04 70.21 104.90 302.15 83.76 47.58 24.64 155.98 +93.7%
Note: There are additional revenue from new products: PKO & PKE starting July 2009
