First Semester, Austindo Nusantara Net Profit Soars 332% to US$12.6 Million
PT Austindo Nusantara Jaya Tbk (ANJT) in the first semester of 2021 posted a net profit of US$12.6 million, an increase of 332% compared to the same period the previous year, which suffered a loss of US$5.5 million.
ANJ Deputy President Director Lucas Kurniawan said that thanks to the increase in sales value by 65.7% to US$ 120.4 million, that supported the net profit jumping.
"The significant increase in sales and net profit was mainly due to an 11.3% increase in productivity per hectare of fresh fruit bunches (FFB) so that the volume of FFB produced increased 18.7% to 400,235 metric tons," he said in a statement on Wednesday (4/04). 8).
In addition, palm oil production also rose 18.6% to 132,910 metric tons. The increase in productivity resulted from implementing the company's long-term strategy, namely replanting oil palm plantations started in 2015.
"We also apply environmentally friendly agronomic technologies, such as the