Sampoerna Agro Tbk. 2020 AR2
The report details PT Sampoerna Agro Tbk's performance in 2020, navigating challenges from the Covid-19 pandemic and the lagged effects of the 2019 drought. Despite a 10% decrease in crude palm oil production to 347,407 tons, the company achieved a 7% increase in consolidated sales to Rp3.50 trillion, driven by higher average CPO selling prices. Notably, the company's germinated seed business segment saw sales almost double compared to 2019, positioning it as the second-largest oil palm seed producer in Indonesia. On the sustainability front, its subsidiary PT Hutan Ketapang Industri obtained the Forest Stewardship Council (FSC) certification, becoming the first rubber plantation in Indonesia to achieve this milestone.
Company: Sampoerna Agro Tbk.
Sector: Agriculture, forestry & fishing
Country: Indonesia
Year: 2020
Type: AR2
Pages: 377
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Sampoerna Agro Tbk.
Annual Report
The report details PT Sampoerna Agro Tbk's performance in 2020, navigating challenges from the Covid-19 pandemic and the lagged effects of the 2019 drought. Despite a 10% decrease in crude palm oil production to 347,407 tons, the company achieved a 7% increase in consolidated sales to Rp3.50 trillion, driven by higher average CPO selling prices. Notably, the company's germinated seed business segment saw sales almost double compared to 2019, positioning it as the second-largest oil palm seed producer in Indonesia. On the sustainability front, its subsidiary PT Hutan Ketapang Industri obtained the Forest Stewardship Council (FSC) certification, becoming the first rubber plantation in Indonesia to achieve this milestone.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees