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
July 2014 issue
summary
VOLUME RECOVERY
Jakarta, 23 July 2014
–
PT Sampoerna Agro Tbk and subsidiaries
“a poer a Agro" or the Co pa
released its unaudited financial and operational results for the six months ending in 30 June 2014
6M14 .
Production volume in recent months has improved significantly. As a result, FFB output for the Company
within 6M14 reached 691,942 tons, or 37% higher than same period last year. The achievement was
primarily attributable to South Sumatra estates that produced 460,837 tons of FFB in 6M14, or 31%
higher than same period last year. By way of information, the region still booked 31% year-on-year drop
in output as of first quarter of 2014 but FFB harvest recovered pronouncedly in subsequent months
reaching 307,656 tons in 2Q14, or 101% higher than 1Q14 figure.
Meanwhile, Oil palms from Kalimantan estates continued to yield sizable harvest well into the 2Q14 that
saw its production rise further by 6% versus the already high 1Q14 figure. Within 6M14, Kalimantan
estates produced 231,104 tons of FFB, or 51% higher than 6M13.
Another commendable accomplishment was in the form of better extraction rates while processing the
fruits at the mills. This led to an even higher growth rate in CPO output which managed to climb 43% to
142,045 tons in 6M14 versus 99,459 tons in 6M13.
Nonetheless, global CPO trading price in Malaysian markets has been visibly trending down throughout
2Q14 to average Rm2,576 per ton between April till June 2014, or 4% lower than 1Q14. However, CPO
still managed to trade 13% higher in year to date June 2014 with average trading price amounting to
Rm2,633 per ton, versus Rm2,325 per ton in 6M13.
Within the first six months of 2014, Sampoerna Agro was able to book Rp1,455.81 billion in revenue, or
44% higher than the same period last year. The increase was largely attributable to higher selling prices
a ross the Co pa ’s ai sta produ ts. For i sta e, CPO hi h o tri uted 1% of total re e ue,
was sold at an average price of Rp8,865 per kg in 6M14, or 38% higher than 6M13. Average selling price
of PK soared e e higher, rea hi g Rp5,
per kg, or % a o e last ear’s figure. Duri g the sa e
period, PK contributed 12% to total revenue.
-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
July 2014 issue
corporate details
o
Area statement (oil palm only) as of June 2014:
nucleus plasma nucleus mitra
in tons Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 YTD 14 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 YTD 13 ∆
FFB - nucleus 54,534 47,433 61,709 74,334 75,507 69,512 383,029 63,772 41,782 39,899 38,783 35,873 29,538 249,647 +53% FFB - external 39,836 27,647 34,199 57,458 69,677 80,097 308,913 74,734 49,697 35,586 38,938 33,182 22,151 254,288 +21% CPO 17,726 16,346 19,177 25,729 30,942 32,125 142,045 27,324 17,361 14,223 15,819 14,144 10,588 99,459 +43% P.Kernel 4,515 3,923 4,299 6,071 7,205 7,405 33,416 6,143 4,468 4,346 4,358 3,899 3,592 26,806 +25% G.Seeds (1000s) 660 921 566 481 941 299 3,867 1,128 952 763 1,038 607 1,044 5,532 -30%
Note: Not all FFB was processed by palm oil mill within the same month it was harvested
o
Average selling price of several key products:
in Rp/kg Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 YTD 14 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 YTD 13 ∆
CPO 8,578 8,898 9,319 9,047 8,779 8,599 8,865 6,017 6,251 6,128 6,630 6,639 7,091 6,401 +38%
in Rp bn Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 YTD 14 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 YTD 13 ∆
CPO 110.43 185.38 238.91 140.71 197.13 309.01 1,181.56 180.95 184.04 108.58 145.33 82.80 132.61 834.31 +42%
P.Kernel 24.16 15.41 21.66 37.61 36.74 42.37 177.94 18.43 16.48 15.43 15.70 13.21 11.46 90.72 +96%
G.Seeds 5.05 3.07 4.54 4.17 2.58 4.84 24.24 8.04 5.83 2.96 4.33 3.98 5.59 30.73 -21%
Others 18.96 6.32 15.74 23.92 4.20 2.91 72.06 15.34 13.87 15.57 3.99 1.80 4.61 55.20 +31%
Total Sales 158.60 210.18 280.85 206.40 240.65 359.13 1,455.81 222.77 220.24 142.55 169.34 101.79 154.27 1,010.97 +44%
Note: Others are revenue generated from sago, rubber, FFB, PKO, and PKE
