Widodo family disposes BW Plantation at discount
Apr.26, 2012 in
CPO
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Entries for the ‘CPO’ Category
Widodo family & BW Plantation placement
Apr.26, 2012 in
CPO
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Salim Ivomas 1H profit jumps 113.8%
Aug.12, 2011 in
Consumer & Retail, CPO, Manufacturer
Diversified agribusiness company PT Salim Ivomas Pratama Tbk (SIMP) today reported a net profit jump of 113.8% to Rp885 billion in the first half of this year from Rp414 billion a year earlier. These steep growth was a result of higher profitabilities, shown by both gross margin and operating margin that improved to 37.5% and [...]
BW Plantation 1H net profit jumps 99%
Jul.25, 2011 in
CPO
Palm oil producer PT BW Plantation Tbk (BWPT) reported a 99.4% increase in net profit for the first 6 months of this year due to higher CPO sales volume. Kelik Irwantono, Corporate Secretary of BWPT in a press statement said the company, which is controlled by Tjipto Widodo, son of Indonesian businessman Budiono Widodo, booked [...]