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CPO Production of TLDN Increased 22 Percent



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CPO Production of TLDN Increased 22 Percent

InfoSAWIT, JAKARTA – PT Teladan Prima Agro Tbk  (TLDN) reported that fresh fruit bunch (FFB) production could be processed to be two outputs. The first, crude palm oil (CPO) production reached 69.348 tons in the first quarter of 2023, increased 22% compared to the 2022 first quarter that reached 56.837 tons. The second, palm kernel oil (PKO) production reached 11.454 tons in the 2023 first quarter or increased 25,5% compared to the same period last year that reached 9.125 tons.

Director of PT TLDN, Wishnu Wardhana said that the company would keep trying to escalate its operational and finance in the future. From the operational, the company would take advantages of Teladan Productivity Technology Science (TPTS) which is the internal platform application as the concept implementation of precision agriculture in the whole areas of main and plasma plantations of the company.

Besides, the company started constructing crude palm kernel oil (CPKO) and biogas power plant (BPP) that the target would be finished in the second semester 2023. This is supported by the commitment f the company to implement sustainability aspects as the real proof that TLDN is palm oil plantation company that implements environment, social, and governance (ESG) aspects. In 2022 every subsidiary of the company got Indonesia Sustainability Palm Oil (ISPO) certificates.

“It means we hope that the future increasing operation would always be happening. It could be one supportive factor to maintain the positive financial work,” Wishnu Wardhana said, as in the official statement to InfoSAWIT, Tuesday (2/5/2023).

For information, the company reported the total assets by the first quarter of 2023 that reached Rp 5,4 trillion. The numbers escalated 3,3% compared to the 2022 same period that only reached Rp 5,2 trillion. The equity also increased 2,4%  yoy to be Rp  2,2 trillion. This means, the financial balance of TLDN is in good one. (T2)


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