Sipef NV 2010 AR2
The report highlights a record financial year for SIPEF in 2010, driven by strong market prices for palm oil, rubber, tea, and bananas. The group achieved a net IFRS result of USD 84,843 thousand, representing a 41% increase compared to 2009. In terms of sustainability, all of SIPEF's mature palm oil plantations in Indonesia and Papua New Guinea achieved RSPO certification by early 2011. Additionally, the group continued its expansion plans, adding 605 hectares of new plantings at PT Umbul Mas Wisesa and pursuing biodiversity conservation projects in Indonesia.
Company: Sipef NV
Sector: Agriculture, forestry & fishing
Country: Belgium
Year: 2010
Type: AR2
Pages: 138
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Sipef NV
Annual Report
The report highlights a record financial year for SIPEF in 2010, driven by strong market prices for palm oil, rubber, tea, and bananas. The group achieved a net IFRS result of USD 84,843 thousand, representing a 41% increase compared to 2009. In terms of sustainability, all of SIPEF's mature palm oil plantations in Indonesia and Papua New Guinea achieved RSPO certification by early 2011. Additionally, the group continued its expansion plans, adding 605 hectares of new plantings at PT Umbul Mas Wisesa and pursuing biodiversity conservation projects in Indonesia.
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Document Details
Report Year
2010
Reporting Period
Jan 1, 2010 - Dec 31, 2010
Fiscal Year
2010
Published
Jun 8, 2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available