Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585 Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk
COMPANY NEWSLETTER
October 2017 issue
summary
MORE GREEN CERTIFICATIONS
Jakarta, 27 October 2017 – PT “a poe a Ag o T k. a d su sidia ies “a poe a Ag o" o the
Co pa eleased its u audited fi a ial a d ope atio al esults fo the pe iod e ding in 30
September 2017 9M17 .
Sampoerna Agro recorded a significant increase in CPO production within the third quarter 2017
Q as p odu tio volu e ea hed , to s, or % highe tha se o d ua te Q . The volume surge in 3Q17 was entirely atributable to production recovery from South Sumatra estates.
In 3Q17, South Sumatra estates booked 134% quarter-on-quarter increase in FFB production while Kalimantan estates booked a mere 1% volume increase over 2Q17. Further production breakdown indicated that much of the production spike was attributable to sharply higher external contribution, led by smallholders estates within the region. External contribution surged 195% versus 2Q17 while nucleus production climbed 88% over the same period.
Another notable achievement for our smallholders was in the form of more cooperative units, under guidance of the Company, received RSPO certification this year. Around 3,500 smallholder farmers received their first green certification in early October 2017. Hence, a total of around 4,700 plasma farmers had been granted RSPO certification for their estates.
In terms of green certification, Sampoerna Agro also managed to certify its seventh palm oil mill under the ISPO standards earlier in the year, which meant full ISPO certification for all seven mills operated by the Company. In RSPO terms, there was also one additional certification awarded this year for one of our mills in Kalimantan, for a total of four mills having RSPO certified to date.
In 9M17, total FFB production reached 1.08 million tons, or 54% higher than the same period in 2016
M ). Smallholders estates led the volume growth as their output in 9M17 spiked 81% versus 9M16.
Nucleus estates harvested 629 thousand tons of FFB in 9M17, or 38% higher than 9M16.
Higher selling prices also helped the Company to record Rp2.54 trillion in revenue during 9M17, or 71% rise over 9M16. CPO sales, with around 78% contribution, was sold at an average price of Rp8,314/kg in 9M17, or 17% higher than 9M16 figure.
Earnings for the period amounted to Rp222.88 billion, or 774% higher than the Rp25.51 billion booked in 9M16.
-o0o-Sumatera: Jln. Basuki Rahmat No. 788, Palembang 30127, Sumatera Selatan, Indonesia Tel +62-711 813388 Fax +62-711 811585 Jakarta : Sampoerna Strategic Square, North Tower, 28th Floor, Jln. Sudirman Kav. 45, Jakarta 12930, Indonesia
Tel +62-21 5771711 Fax +62-21 5771712 http://www.sampoernaagro.com
PT SAMPOERNA AGRO Tbk
COMPANY NEWSLETTER
October 2017 issue
corporate details
o Area statement as of September 2017:
Nucleus Plasma Sago Rubber Others
matured 65,809 48,373 114,182 1,403 183 - 115,768
immature 16,129 5,120 21,249 11,378 17,576 589 50,792
total 81,939 53,493 135,431 12,781 17,759 589 166,560
Oil Palm
Sub-T Other crops TOTAL
o Production of key products:
in tons Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 YTD 17 YTD 16 ∆
FFB - nucleus 86,776 62,738 56,470 57,801 66,339 54,844 77,297 81,938 84,755 628,959 454,654 +38%
FFB - external 103,861 57,852 30,785 23,831 26,968 25,032 51,552 56,913 75,612 452,406 249,327 +81%
CPO 39,948 25,569 18,349 16,757 19,396 16,686 26,045 28,542 32,849 224,144 146,968 +53%
P.Kernel 10,202 5,635 3,960 3,450 3,710 3,355 5,396 6,668 8,154 50,531 31,836 +59%
G.Seeds (1000s) 599 932 1,209 696 657 367 726 267 263 5,715 6,673 -14%
Note: Not all FFB was processed by palm oil mill within the same day it was harvested
o Average selling price of key products:
in Rp/kg Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 YTD 17 YTD 16 ∆
CPO 8,826 8,986 8,665 8,496 8,417 7,726 8,375 7,527 8,050 8,314 7,144 +16%
CPOᵋ 8,826 8,986 8,665 8,496 8,417 7,726 8,375 7,527 8,050 8,314 7,127 +17%
P.Kernel 8,861 9,381 8,176 5,429 6,244 7,027 5,419 5,662 6,632 7,156 5,814 +23%
G.Seeds (Rp/unit) 8,150 8,097 8,266 8,137 8,728 8,438 8,432 8,107 7,799 8,178 8,006 +2%
Note: CPOᵋ p i e is et of e po t ta
o Revenue breakdown by key products:
in Rp bn Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 YTD 17 YTD 16 ∆
CPO 293.27 271.30 193.38 112.19 153.23 197.68 200.92 246.66 301.91 1,970.53 1,184.59 +66%
P.Kernel 96.54 45.72 40.77 12.97 26.55 18.43 39.06 33.16 62.09 375.28 183.55 +104%
G.Seeds 2.77 6.32 4.65 4.00 3.17 1.89 2.65 2.87 5.48 33.79 50.12 -33%
Others 16.45 45.94 11.92 16.80 11.00 25.38 8.93 13.12 10.42 159.95 70.06 +128%
Total Sales 409.02 369.27 250.72 145.96 193.95 243.38 251.55 295.81 379.90 2,539.56 1,488.32 +71%
Note: Others are revenue generated from sago, rubber, FFB, palm kernel products, RBDPO, and electricity
