JAKARTA – Indonesian natural oil producer, IndoAgri got increasing net profit for about 70% to last year same period.
IndoAgri in its release to InfoSAWIT, Wednesday (30/4/2014) said, the net profit increased to be Rp 182 billions(S$20 millions) to last year which was Rp107 billions. “It derived from the good harvest and the good price of the commodity,” he said.
The income increased 2,4% to be Rp 3,2 billions (S$ 341.000.000), the development in plantation increased40%, it was followed by the selling price which was higher than the average price of palm oil products and the volume was too than the price of crude palm oil.
Beside that, the income from natural oil and oil fat also increase 19% to be Rp 2,3 billionx. “The increasing net profit and the income run as same as the recovery of the price of the commodity.,” IndoAgri said.(T3)
