PT Provident Investasi Bersama Tbk 2017 AR2
The report highlights PT Provident Agro Tbk's performance in 2017, focusing on efficiency strategies, productivity, and sustainability. The company divested its subsidiary PT Agrisentra Lestari to improve cost efficiency, leaving it with 7 palm oil plantations in Sumatra and Sulawesi. In 2017, the company achieved a 7% increase in plant productivity to 14.42 tons/ha, despite lower overall production volumes of FFB (274,625 tons) and CPO (74,963 tons) due to divestments. On the sustainability front, its subsidiary PT Mutiara Agam achieved its first ISPO certification, and PT Langgam Inti Hibrindo was recognized with a 'BLUE' rating in the PROPER Peat assessment.
Company: PT Provident Investasi Bersama Tbk
Sector: Consumer Staples
Country: Indonesia
Year: 2017
Type: AR2
Pages: 256
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PT Provident Investasi Bersama Tbk
Annual Report
The report highlights PT Provident Agro Tbk's performance in 2017, focusing on efficiency strategies, productivity, and sustainability. The company divested its subsidiary PT Agrisentra Lestari to improve cost efficiency, leaving it with 7 palm oil plantations in Sumatra and Sulawesi. In 2017, the company achieved a 7% increase in plant productivity to 14.42 tons/ha, despite lower overall production volumes of FFB (274,625 tons) and CPO (74,963 tons) due to divestments. On the sustainability front, its subsidiary PT Mutiara Agam achieved its first ISPO certification, and PT Langgam Inti Hibrindo was recognized with a 'BLUE' rating in the PROPER Peat assessment.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees