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90% Areas of Global Palm Resources Are Productive



90% Areas of Global Palm Resources Are Productive

InfoSAWIT, JAKARTA – By the third quarter of 2017, palm oil landbank of Global Palm Resources Ltd., laid about 16.079 hectares. The cultivated reached 13.252 hectares and the productive ones reached 12.069 hectares within the average production reaching 13,6 tons/hectare.

According to the company, the factory could process 30 tons of FFB / hour and has produced 179.198 tons of crude palm oil (CPO). The FFB production is got from the plasma and the people around, besides from the main areas.

In the financial sector, Global Palm Resources got better income reaching 5% to be Rp 105,7 billion in the third quarter of 2017. The selling of CPO contributed 56% or about Rp 99,3 billion. While the income from the kernel decreased about 14% or reached Rp 6,4 billion only.

In the official statement to InfoSAWIT, the gross profits increased 22% to be Rp 27,3 billion while the margin of the gross profits decreased 5,5% to be 25,9%.

In the production level, the CPO extraction remains stable at 21,73% and PK does too at 3,46%. The FFB production increased to be 4,5 tons / hectare in the third quarter of 2017 compared in the third quarter in 2016 that reached 3,9 tons / hectare. The CPO production increasedto be 12.903 tonsin the third quarter of 2017 from 11.279 tonsin the third quarter of 2016. The palm kernel increased too to be 2.005 tonsin the third quarter of 2017. (T2)


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