ANJT Revenue Soars 61.3% YoY in Jan-Sep 2021
Jakarta - PT Austindo Nusantara Jaya Tbk (ANJT) recorded revenue for the first nine months of this year of US$190.9 million, a 61.3% increase compared to the same period last year of US$118.390 million, mainly due to higher sales volume and average selling price of CPO and palm kernel (PK).
"Palm palm sales contributed 98.9% to our total revenue or US$188.9 million, compared to US$116.7 million or 98.6% of revenue for the same period the previous year," said ANJT Deputy President Director Lucas Kurniawan in a press release statement on Friday (29/10).
The sago segment contributed US$855.5 thousand, down from US$941.7 thousand due to lower sales volume and selling price of sago due to weak demand from the domestic market.
The renewable energy segment contributed US$436.3 thousand, higher than US$418.8 thousand. This is due to the higher electricity production in biogas power plants.
Meanwhile, GMIT has started exporting its frozen eda