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 2014 issue
summary
SUSTAINABLE DISCOVERY
Jakarta, 30 October 2014 – PT Sampoerna Agro Tbk and subsidiaries “a poer a Agro" or the
Co pa released its unaudited financial and operational results for the nine months ending in 30 September 2014 9M14 .
Sampoerna Agro posted revenue amounting to Rp2,482.88 billion in 9M14, or 72% higher than the same period in the previous year 9M13 . The increase was largely attributable to higher sales contribution from CPO and PK, which if combined, amounted to Rp2,361.52 billion, or 95% of total revenue. Starting with CPO as the top contributor, average selling price and sales volume in 9M14 over 9M13 rose by 29% and 34% respectively. PK contributions also climbed owing to 65% higher selling price and 25% more sales volumes.
Aside from rising financial performance, both plantation regions in Sumatra and Kalimantan also booked strong operational growth. For instance, FFB production volume within the same period managed to increase sizably from 804,341 tons in 9M13 to 1,170,422 tons in 9M14, or 46% higher because FFB output from Sumatra reached 46% higher while Kalimantan booked 44% more output.
Strong FFB output growth was further enhanced by improving oil extraction rates in Sumatra and Kalimantan estates during the same period as a result of some intensification efforts within the past couple years. Hence, total CPO output for the Company climbed 55% higher in 9M14 from 158,863 tons in 9M13 to reach 245,573 tons in 9M14.
We are also pleased to announce that Sampoerna Agro is in the process of introducing four new variants of DxP Sriwijaya seeds through PT Binasawit Makmur. The new variants means that existing portfolio that the Company produce will grow to become ten various types. These new variants, once certified, could be the first semi clone seeds to be introduced in Indonesia. It took around eight years of research activities to discover these semi clone seeds considering that initial work dated back from 2006 when progeny tests were conducted within our 540-hectare seed garden in South Sumatra.
Main benefits of using the new semi clones include 10%-15% higher productivity on top of the current superior seeds and a relatively more uniformity in plant performance. At this time, Management has already initiated field preparations to use these semi clone variants for own expansions as early as 2015. The discovery is another testament by Sampoerna Agro towards sustainability not for the Company alone but also for the industry as a whole.
-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 2014 issue
corporate details
o Area statement (oil palm only) as of September 2014:
nucleus plasma nucleus mitra
in tons Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 YTD 14 YTD 13 ∆
FFB - nucleus 54,534 47,433 61,709 74,334 75,507 69,512 63,533 90,334 68,307 605,203 398,950 +52% FFB - external 39,836 27,647 34,199 57,458 69,677 80,097 71,648 101,549 83,109 565,219 405,391 +39% CPO 17,726 16,346 19,177 25,729 30,942 32,125 28,898 40,946 33,683 245,573 158,863 +55% P.Kernel 4,515 3,923 4,299 6,071 7,205 7,405 6,754 9,561 8,455 58,186 42,657 +36% G.Seeds (1000s) 660 921 566 481 941 299 830 499 760 5,956 6,817 -13% 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 Jul-14 Aug-14 Sep-14 YTD 14 YTD 13 ∆
CPO 8,578 8,898 9,319 9,047 8,779 8,599 8,557 8,116 7,774 8,528 6,612 +29%
in Rp bn Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 YTD 14 YTD 13 ∆
CPO 110.43 185.38 238.91 140.71 197.13 309.01 270.75 299.90 315.17 2,067.38 1,198.32 +73%
P.Kernel 24.16 15.41 21.66 37.61 36.74 42.37 42.30 36.76 37.15 294.14 142.59 +106%
G.Seeds 5.05 3.07 4.54 4.17 2.58 4.84 2.40 4.60 2.58 33.83 36.93 -8%
Others 18.96 6.32 15.74 23.92 4.20 2.91 4.69 3.12 7.66 87.54 64.89 +35%
Total Sales 158.60 210.18 280.85 206.40 240.65 359.13 320.14 344.38 362.56 2,482.88 1,442.73 +72% Note: Others are revenue generated from sago, rubber, FFB, PKO, and PKE
