Before switching to the Indonesian stock exchange industry or IDX-IC in early 2021, the distribution system Industries in the Indonesian Stock Exchange By using the industry classification system of JASICA or Jakarta. When using the IDX-IC, the issuer of the IDX is divided into 12 sectors based on industry exposure. However, according to JASICA, there are 9 sectors including agriculture.
Agriculture issuers are companies engaged in agriculture, horticulture, and fisheries, including if they produce agricultural products from upstream to downstream, for example from palm oil cultivation as cooking oil. Here is a list of the best agricultural stocks in Indonesia:
1. PTT Astra Agro Lestari Tbk (AALI)
PT Astra Agro Lestari Tbk is a company engaged in oil palm plantation and cooking oil production. This company is a subsidiary of PT Astra International Tbk (ASII).
The company was established before 1984 with cassava plantations and rubber plantations. In 1984 it opened an oil palm plantation in Riau province. AALI currently manages plantations on the island of Sumatra, Kaliman. Ton and Sulawesi, covering an area of 287,604 hectares.
In addition to the plantation establishment, AALI owns the Mamuju and Dumai crude palm oil refineries and has compound fertilizer plants in Donggala, Central Sulawesi and Bumiharjo, Central Kalimantan. Therefore, the products produced by this company are not only raw material (CPO), but also including derivative products such as Olein, Sterin and RBDO.
His rule made AALI one of the best garden stock.
2. PT Sumber Tani Agung Resources Tbk (STAA)
The second agricultural and plantation company is PT Sumber Tani Agung Resources Tbk. Founded in 1970, the company currently manages 42,158 hectares of oil palm plantations in 13 sites, 9 palm oil plants, 1 palm kernel processing plant, 1 extraction and solvent plant. and 1 biogas power plant. All operations of the company (including head office) located in North Sumatra, South Sumatra, West Kalimantan. and central Kalimantan
follow Company official website, STAA in 2021 processed more than 1.8 million tons of fresh fruit bunches and produced more than 383,000 tons of CPO and 85,000 palm kernels during the same period. The palm kernel crushing plant has produced more than 39,000 tons of palm kernel oil (CPKO) and 44,000 tons of palm kernel oil.
3. PT Sawit Sumbermas Sarana Tbk (SSMS)
PT Sawit Sumbermas Sarana Tbk is an oil palm plantation company headquartered in Pangkalan. Central Kalimantan Province The company was founded in 1995 and only had an IPO in 2013.
The company currently operates 23 palm oil plantations, 23 palm oil mills and 1 palm kernel crushing plant in Pangkalanban. Central Kalimantan Province SSMS plans to expand its palm oil field from 116,029 hectares to 150,000 hectares over the next five years.
In addition to striving to expand the land, SSMS is also striving to improve product quality. on the official website of the company The company is committed to producing 35 metric tons per hectare of palm oil, or 12 times the current output. SSMS is also committed to producing cooking oils with a lower-than-average fat content.
4. PT Triputra Agro Persada Tbk (TAPG)
The next oil palm plantation company is PT Triputra Agro Persada Tbk (TAPG). the other three above It can be said that TAPG is a new company because it was established only in 2005 under the name of PT Alam Permata Indah.
Even though he was only 17 years old, in reality The results obtained by this company cannot be underestimated. TAPG currently has 24 oil palm plantations, 1 rubber plantation, 17 palm oil mills, 1 smoked rubber sheet processing plant and 4 branch offices in Jambi. and Kalimantan Indonesia The company is also registered as an operator of oil palm and rubber plantations covering ±158,000 hectares and ±1,400 hectares, respectively.
5. PT Sinar Mas Agro and Tech Tbk (SMAR) Resources
Indonesians may already be familiar with affiliates. Sinar Mas Group. can! In addition to the financial industry and sawdust products, Sinar Mas also has agribusiness subsidiary under the names PT Sinar Mas Agro Resources and Tech Tbk.
Indeed, SMAR is one of Sinar Mas’s oldest subsidiaries as it was founded in 1962 and has been offering IPO since 1992. The company produces palm oil products from upstream to downstream from planting to processing into finished products. such as cooking oils, margarines and bioenergy materials. The company’s products are currently sold in 60 countries around the world.
PT Sinar Mas Agro Resources and Tech Tbk currently manage 137,100 hectares of farmland, operate 16 palm oil mills, four palm kernel processing plants and four refineries in Indonesia.
6. PT FAP Agri Tbk (FAPA)
PT FAP Agri Tbk is a palm oil company headquartered in North Jakarta. The company was established on December 28, 1994 as PTT Fangiono Agro Plantation, and it only conducted its IPO in early 2021.
27 years since its inception, FAPA currently has 110,000 hectares of arable land, 5 palm oil extraction plants (PKS) with a total production capacity of over 285 tons per hour. and 1 palm kernel crushing plant (grain mill) and supported by more than 8,000 employees.
7. PT PP London Sumatra Indonesia Tbk (LSIP)
PT PP London Sumatra Indonesia Tbk, also known as Lonsum, is one of the oldest cultivation companies in Indonesia. The company was founded by Harrisons & Crosfield Plc, a London-based trading firm, in 1906 near Medan, North Sumatra, starting an IPO in 1996. LSIP was later acquired by LSIP. Slim Group Through its subsidiary PT Salim Ivomas Pratama Tbk (SIMP) in 2007
Initially, the company operated rubber, cocoa and tea plantations. In the 1980s, the palm oil market began to grow. LSIP entered the palm oil industry. And now palm oil has become the company’s main commodity.
The company currently manages 114,111 hectares of land, which includes 93,853 hectares of palm oil plantations, 16,228 hectares of rubber plantations and 4,030 hectares of other crops, particularly cocoa and tea. The land is spread over 12 sites on the islands of Sumatra and Kalimantan.