PT Perusahaan Perkebunan London Sumatra Indonesia Tbk 2016 AR2
The report highlights PT PP London Sumatra Indonesia Tbk's (Lonsum) operational and financial performance for 2016, a year marked by challenges from the El Nino phenomenon. Despite a 12.5% decline in nucleus fresh fruit bunches production, the company benefited from recovering crude palm oil prices and natural rubber demand. Lonsum continued to advance its sustainability commitments, with certified sustainable palm oil reaching 62% of total production under RSPO and 56% under ISPO standards. Additionally, the company expanded its crop diversification by acquiring a 65% stake in PT Pasir Luhur, a tea plantation in West Java.
Company: PT Perusahaan Perkebunan London Sumatra Indonesia Tbk
Sector: Consumer Staples
Country: Indonesia
Year: 2016
Type: AR2
Pages: 173
PT Perusahaan Perkebunan London Sumatra Indonesia Tbk
Annual Report
The report highlights PT PP London Sumatra Indonesia Tbk's (Lonsum) operational and financial performance for 2016, a year marked by challenges from the El Nino phenomenon. Despite a 12.5% decline in nucleus fresh fruit bunches production, the company benefited from recovering crude palm oil prices and natural rubber demand. Lonsum continued to advance its sustainability commitments, with certified sustainable palm oil reaching 62% of total production under RSPO and 56% under ISPO standards. Additionally, the company expanded its crop diversification by acquiring a 65% stake in PT Pasir Luhur, a tea plantation in West Java.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees