PALMOILMAGAZINE, JAKARTA – PT Austindo Nusantara Jaya Tbk. (ANJ, ANJT) recently disclosed its operational and financial performance for the year 2023. According to the report, ANJ demonstrated positive production results, showing significant progress compared to the previous year.
A notable achievement highlighted in the report was the increase in fresh fruit bunch (FFB) production by 4.8%, totaling 881,051 metric tons compared to last year’s 840,581 metric tons. This uptick in production was primarily observed in the plantations in Pulau Belitung, which yielded 254,579 metric tons, attributed to enhanced productivity resulting from the replanting program.
Additionally, mature plantations in Papua Barat Daya experienced a 7.2% increase in production, reaching approximately 120,445 metric tons. These improvements correlate with the growth in production from mature plantations and infrastructure enhancements.
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The increasing FFB production significantly escalated crude palm oil (CPO) production up to 2,9% or about 283.659 metric tons. ANJ got increasing palm kernel oil (PKO) up to 38,7% or about 1.459 metric tons in 2023. The numbers derived from the mills in Papua Barat Daya. But palm kernel (PK) production decreased to be 52.432 metric tons in 2023, that happened for palm oil genetic characteristic from new mature plants that produced less PK.
As in the official statement to Palmoilmagazine.com, Friday (1/3/2024), Director of Finance ANJ, Nopri Pitoy said that as FFB and CPO production got increased, ANJ also got increasing CPO selling volume up to 4,9% or about 288.941 metric tons to last year selling that reached 275.320 metric tons.
“Besides, PKO selling also increased 13,1% or 1.049 metric tons year on year. But PK selling decreased 4,4%, as same as the decreasing PK production,” Nopri said. (T2)