Kategori: Agriculture

Progressive Scheme of Taxation Support LSIP. The government plans to increase export duty rates with a progressive scheme for crude palm oil (CPO) and its derivative products starting next year. The progressive scheme causes the tax rate to increase if the number of tax objects.

As well as, Sampoerna Agro Business Continuity Planning. Sampoerna Agro Tbk (SGRO) is optimistic that it can boost its crude palm oil (CPO) production capacity in the fourth quarter of this year. Overall, the company’s CPO production volume in the second half of this year will be better than in the previous.

Issuers engaged in the plantation sector, PT Jaya Agra Wattie Tbk (JAWA) will obtain a maximum loan of Rp. 1 trillion from its main shareholder, namely PT Sarana Agro Investama (SAI). SAI holds 80% ownership in JAWA.

AALI Business Processes Digitization. Astra Agro Lestari Tbk (AALI) is making digitalization efforts in the company’s business lines. This is done so that companies can survive in the midst of the corona virus pandemic (Covid-19). President Director of Astra Agro Lestari Santosa said, actually the digitization.

Thank You Angky Utarya Tisnadisastra. The sad news came from the Astra Group after Angky Utarya Tisnadisastra. Who held several important positions in several subsidiaries of the Astra group, died on Monday (21/9/2020). Based on the disclosure of information from PT Astra Agro Lestari Tbk (AALI) on Tuesday.

The plantation issuer, PT Provident Agro Tbk., reduced the authorized, issued and paid-up capital of its subsidiary, PT Suwarna Arta Mandiri. Citing the company’s disclosure of information on the official website of the Indonesia Stock Exchange.

PT Dharma Samudera Fishing Industries Tbk (DSFI) in the first semester of 2020 recorded a 46.16% decline in annual sales (yoy) to Rp 163.38 billion from Rp 303.44 billion in the first half of last.

The performance of PT Andira Agro Tbk (ANDI) is still positive in the first six months of this year. It was recorded that during January-June 2020, net sales rose 4.79% year-on-year (yoy) to Rp 142.51 billion from Rp 135.99.

As well as SSMS: Fresh Fruit Bunches Production Fell. Sawit Sumbermas Sarana Tbk (SSMS IJ) held an Annual General Meeting of Shareholders. One of the agendas regarding the use of net income in 2019. As is known, the net profit that SSMS obtain last year reach IDR 11.68 billion. Down 86.45% YoY. Director of SSMS.

Fresh Fruit Bunches Production Decreases. Covid-19 pandemic that occur in various parts of the world could cause a decrease in demand for crude palm oil (CPO). As well as its selling price. However, along with the lockdown opening in a number of countries. Astra Agro Lestari Tbk (AALI IJ) record an improvement in CPO requests..