Palm oil is one of Indonesia’s main exports. Because palm oil can be processed according to various household needs. From cooking oils to margarines and more
Therefore, it is not surprising that the shares of palm oil companies have been the target of investors. Especially considering the potential gains from the Ukraine-Russia war.
Here is a list of the best palm oil companies (CPOs) stocks by market capitalization.
1. Astra Agro Lestari Tbk (AALI)
Astra Agro Lestari Tbk is part of the Astra Group, which deals with palm oil plantations until 2022. The company is recorded as managing 287,604 hectares of plantation on the island of Sumatra, Kaliman. tons and Sulawesi. As of March 2021, the company has produced more than 1 million tons. fresh fruit bunch (FFB) 351,000 tons of crude palm oil, 74,000 tons of palm kernels and 150,000 tons of refined palm oil products.
Astra Agro Lestari Tbk was listed on the stock exchange in 1997. Its shares are now selling at around 9,100 per share, so AALI is one of the most marketable palm oil companies and is included in the IDX30 and LQ45 indexes. AALI is also s.top agricultural stocks with good business distribution
2. Tributra Kaset Persada (TAPG)
The second largest palm oil company with market capitalization is PT Triputra Agro Persada (TAPG), a company founded in 2005 and currently manages ±158,000 hectares of palm oil land and 1,400 hectares of rubber plantations. Jambi and Kalimantan
The company has at least four products produced by it: CPO, Palm Kernel (Kernel), Slab (rubber agglomeration) and Rubber Smoked Sheet. By the end of 2021, the company is capable of producing 849,688 CPOs. tonnes, 174,273 palm kernels, slabs worth Rp 8 billion and RSS worth Rp 10 billion. Despite the impact of the COVID-19 pandemic, the company’s performance in 2021 has been quite good.
3. Sumber Tani Agung Resources Tbk (STAA)
Sumber Tani Agung Resources Tbk, or STAA, is a palm oil company headquartered in Medan, North Sumatra. Founded in 1997, the company currently manages 42,158 hectares of land, owns 13 palm oil plantations, 9 palm oil mills, 1 grain processing plant. One grain processing plant that uses renewable energy and employs 10,156 people.
In 2021, the company could produce 383,000 tons of palm kernel oil (CPO), 85,000 tons of palm kernel oil, 39,000 tons of palm kernel oil and 44,000 tons of palm kernel kernel (PKE) despite the impact of COVID- 19 But the company’s performance is quite good. This can be seen from the revenue value in 2021 which is higher than the previous year.
4. Sinar Mas Agro and Tech Tbk (SMAR) Resources
Sinar Mas Agro Resources and Tech Tbk are among its affiliates. Sinar Mas Group engaged in agriculture Not only producing raw materials such as FFB and CPO, SMAR also produces several palm consumer products. For example, the brands produced by this company include Filma, Kunci Mas and Pristine.
Sinar Mas Agro Resources and Tech Tbk currently operate on 137,100 hectares of land, 16 palm oil mills, 4 palm kernel processing plants and 4 refineries spread across Indonesia. By 2021, the company’s total production will reach 700,000 tons. It has details of 550,000 tons of CPO and 150,000 tons of palm kernel (kernel).
5. Sawit Sumbermas Sarana Tbk (SSMS)
Sawit Sumbermas Sarana Tbk (SSMS) is gardening company Oil palm is located in Pangkalanbun. central kalimantan Founded in 1995 and listed on the Indonesian Stock Exchange in 2013, the company currently manages 100,000 hectares of land in 23 locations and plans to expand to 150,000 hectares in the next five years.
In addition to those areas, SSMS owns 8 palm oil mills (PKS) and 1 grain mill in Pangkalan. Of these lands and mills, SSMS has successfully produced 444,720 metric tons of CPO, 83,438 metric tons of grain. 23,263 metric tons of seed oil and 1,611,494 fresh fruit bunches (FFB) in 2021 compared to 2020. This result shows a decrease in grain. production, but increases the production of oilseeds and FFB
6. PP London Sumatra Indonesia Tbk (LSIP)
It can be said that London Sumatra Indonesia Tbk (LSIP), also known as Lonsum, is the oldest palm oil company in Indonesia. The company was founded by Harrisons & Crosfield Plc, a leading British agricultural company, under license from the colonial government of the Dutch East Indies in 1906.
Initially, this company only produced chocolate and rubber. It was only in the 1980s that palm oil flourished, Lonsum began to invest in oil palm plantations. from now on This commodity has become the main source of income for the LSIP.
As of December 2021, Lonsum manages 114,111 hectares of land, comprising 93,853 hectares of palm oil, 16,228 hectares of rubber and 4,030 hectares of other crops. The company also operates 12 palm oil mills located in Sumatra and Kalimantan. From these lands and factories, Lonsum will be able to produce 505,000 tons of fresh fruit bunches and 127,000 tons of CPO in the first half of 2022.
7. Prima Agro Tbk Example (TLDN)
Teladan Prima Agro Tbk is a palm oil company founded in 2004 and listed on the Indonesian Stock Exchange only in April 2022. Despite its recently established and IPO, in the first half of 2022 this company can produce bunches. 578,175 tons of fresh fruit, 129,694 tons of CPO and 21,533 tons of palm kernels.
report from cash,The company manages 60,500 hectares of land, all of which are located in East Kalimantan until 2022, with large areas and efficient production. It is therefore not surprising that TLDN will immediately become one of the largest palm oil companies. Market capitalization
8. Salim Ivomas Pratama Tbk (SIMP)
Salim Ivomas Pratama (SIMP) is a line. Slim Group engaged in agriculture The company also oversees several other palm oil companies, including the aforementioned London Sumatra (Lonsum).
As of December 2021, SIMP manages 300,749 hectares, comprising 250,615 hectares of oil palm land, 16,228 hectares of rubber plantation, 14,411 hectares of sugarcane and the remainder and other crops. In addition, SIMP works with plasma farmers to manage 90,229 hectares of palm oil and rubber, owns 27 palm oil mills, 3 crumb rubber production lines, 2 rubber sheet production lines, a processing and refining plant. 2 sugar plants, 1 cocoa factory and 1 tea factory .
9. Agro Tbk Provident Fund (PALM)
Palm Oil Company Recommendation No. 9 is PTT Provident Agro Tbk or PALM, a company that is the result of a joint venture between PT Saratoga Sentra Business and PT Provident Capital Indonesia. Founded in 2006 and currently manages 25,013 hectares of land in 8 sites located in Kalimantan and Sumatra
In 2021, the company could produce 89,255 tons of fresh fruit bunches, 25,316 tons of CPO and 4,456 tons of grain as a result of the COVID-19 situation. This makes this production volume lower than last year’s production.
10. Dharma Satya Nusantara Tbk (DSNG)
10th place is PTT Dharma Satya Nusantara Tbk or DSNG DSNG is a palm oil company that was founded on 29 September 1980 and initially did not operate in palm oil cultivation. but carried out in the production of wood Palm oil has only become the company’s main source of revenue in recent years.
However, DSNG currently manages 112,450 hectares of land and 10 palm oil plants located in East Kalimantan while still operating lumber. 30,000 seeds and 1.9 million fresh fruit bunches
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