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
President Jokowi Plants “Genjah” Coconut Trees with Farmers in…
Constellar Launches Singapore’s First Dedicated Exhibition Platform…
President Jokowi Calls for Measures to Improve W. Papua’s Agricultural…
SEA’s Largest Glass Company to Launch Groundbreaking at Batang…
President Jokowi Inspects Rice Milling Unit in Malang Regency
Today's Industry

Sabtu, 04 Februari 2023 - 15:03 WIB
Don’t Let ASEAN Become ‘Proxy’, President Jokowi Says
Minister of Foreign Affairs Retno Marsudi announced that ASEAN foreign ministers will kick off a series of meetings under Indonesia’s 2023 ASEAN Chairmanship.

Sabtu, 04 Februari 2023 - 14:30 WIB
President Jokowi Welcomes ASEAN Foreign Ministers at Merdeka Palace
President Joko “Jokowi” Widodo Friday (02/03) at Merdeka Palace, Jakarta received a courtesy call from ASEAN Foreign Ministers and ASEAN Secretary General Kao Kim Hourn.

Jumat, 03 Februari 2023 - 21:51 WIB
Qatar Airways And Airbus Reach Amicable Settlement In Legal Dispute
Qatar Airways and Airbus are pleased to have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350…

Jumat, 03 Februari 2023 - 19:31 WIB
Universal Robots reports record revenue despite global uncertainty
Universal Robots, the Danish collaborative robot (cobot) company, has reported Q4 revenue of USD 85 million, bringing 2022 annual revenue to USD 326 million, up 5% on 2021. On a constant currency…

Jumat, 03 Februari 2023 - 17:19 WIB
Committed to Being a Net Zero Industrial Estate, Jababeka Inaugurates PLTS Atap and Jababeka Net Zero Forum
After announcing and signing a commitment towards a net zero industrial cluster at the B20 Summit at the G20 Summit series last November 2022, PT Jababeka Tbk realized a Rooftop Solar Power…
News Comment