Company Report | Low CPO Sales in Line with Declining Production

Coal Average Selling Price Increase

Amid the low production, AALI successfully booked a revenue growth of 1.2% YoY to IDR11.0 trillion in 6M22. Net profit in 6M22 also jumped 24.6% YoY on the back of foreign exchange gains and interest income. Meanwhile, in 6M22, FFB and CPO production declined by 12.1% YoY and 15.8% YoY to 1.96 million tons and 638 thousand tons (vs 6M21: FFB 2.22 million tons and CPO 758 thousand tons).

Asset Growth

Amid the low production, AALI successfully booked a revenue growth of 1.2% YoY to IDR11.0 trillion in 6M22. Net profit in 6M22 also jumped 24.6% YoY on the back of foreign exchange gains and interest income.