Sampoerna Agro Agricultural productivity. Agriculture company, Sampoerna Agro Tbk (SGRO). ensure that all production facilities are still running normally with strict health protocols as long as the Covid-19 pandemic continues. In fact, until now the company has ensured that there are no factory closures.
Or a reduction in thousands of workers in the plantation. Meanwhile, the performance of offices in Jakarta also follows the applicable procedure with only 30 percent of employees having offices. Head of Investor Relations PT Sampoerna Agro Tbk. (SGRO) Michael Kesuma said that during the first semester of 2020.
CPO production reached 153,800 tonnes, down 6 percent compared to the same period last year. This is due to the weather last year. The data for the third quarter of 2020 is still being analyzed and consolidated by management. We are sure and optimistic that the volume in the second semester of 2020.
It will be more significant and 30-50 percent higher, mostly in the fourth quarter of 2020, and we hope that the price level will remain stable, he said. Michael stated that this year, the company’s plantation profile has also continued to improve compared to last year. He described that this year.
The land for producing palm oil has increased by about 4,000 hectares from last year’s 121,000 to 125,000 hectares. According to him, this happened because of the plantation intensification strategy to increase productivity per hectare, which is still ongoing. Michael said that organic expansion will also continue.
With the target of planting around 3,000-4,000 hectares in it, including replanting 2,000-3,000 hectares. Currently, our factory capacity totals 515 tons per hour with utilization in 2019 of 87 percent, he said. In terms of the sales process, Michael also ensures that there are no significant obstacles.
As well as with the company’s strict application of health protocols. Thus, in this pandemic year the company is targeting to achieve optimal performance without any production constraints. In the first semester of 2020, SGRO posted net sales of Rp1.60 trillion, or grew 17.51 percent.