Continue to Expand, Sampoerna Agro Per Area of Palm and Rubber Plantation
By : Hariyanto And Aldo Bella Putra | Wednesday, November 08 2017 - 20:00 IWST

PT Sampoerna Agro Tbk (SGRO)
INDUSTRY.co.id - Jakarta - PT Sampoerna Agro Tbk (SGRO) continues to expand by expanding oil palm and rubber plantation areas by the end of this year.
"In the first half of last year, SGRO has added about 3,700 hectares of land, about 2,200 of which are land for rubber," said SGRO Head of Investor Relations, Michael Kesuma in Jakarta, Wednesday (8/11 /).
SGRO's land expansion in the second half will include land for palm oil and rubber. Until the end of the year, SGRO plans to add 2,000 hectares to 4,000 hectares of rubber and 2,000 hectares to 5,000 hectares of palm oil.
"The investment if we see an average of about Rp70 million to Rp90 million per hectare," said Michael.
For palm expansion, it will be focused on expansion in Ketapang region. In the first half of this year, SGRO posted sales of Rp1, 6 trillion with a profit of Rp174, 15 billion.
Read Also
Today's Industry

Senin, 03 Maret 2025 - 14:03 WIB
Solusi Sinergi Collaborates with Era Media to Reach 40 Million Internet Customers with Artificial Intelligence
PT Solusi Sinergi Digital Tbk (WIFI) announced a strategic collaboration with PT Era Media Sejahtera Tbk (DOOH) to support the WIFI project in marketing affordable internet for the people, which…

Selasa, 11 Februari 2025 - 16:31 WIB
Cipta Perdana Lancar Ready to Expand and Diversify for Sustainable Growth
Since its establishment in 2007, PT Cipta Perdana Lancar Tbk (PART) has continued to transform into a major partner in the supply of spare parts for the automotive, sanitary, and electronics…

Rabu, 22 Januari 2025 - 12:53 WIB
MICE Activities at JCC Halted, PT GSP Continues Legal Process
PT Graha Sidang Pratama (PT GSP), the investor and manager of the Jakarta Convention Center (JCC), revealed that the company is currently unable to run Meeting, Incentive, Convention and Exhibition…

Sabtu, 14 September 2024 - 16:56 WIB
Essential Tips for Choosing Personal Health Insurance in the US
Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Sabtu, 14 September 2024 - 16:53 WIB
The Top 10 Insurance Companies in the US for 2024
In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.
News Comment