SIPEF — Earnings Release 2024

Apr 18, 2024

Group production - (in tonnes)

					March 2024
			2024				YoY Variation
Fresh fruit bunches produced	Q1	Q2	Q3	Q4	YTD	Q1	Q2	2023 Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	56 614				56 614	55 355				55 355	2,28%	2,28%
Umbul Mas Wisesa Group	34 208				34 208	31 529				31 529	8,50%	8,50%
	72 903				72 903	67 421				67 421	8,13%	8,13%
Agro Muko Group
South Sumatra Group	52 616				52 616	39 585				39 585	32,92%	32,92%
Hargy Oil Palms	83 312				83 312	104 459				104 459	-20,24%	-20,24%
Total own	299 653	0	0	0	299 653	298 349	0	0	0	298 349	0,44%	0,44%
Outgrowers
Tolan Tiga Group	1 516				1 516	1 325				1 325	14,35%	14,35%
Umbul Mas Wisesa Group	149				149	137				137	8,19%	8,19%
Agro Muko Group	3 287				3 287	3 369				3 369	-2,44%	-2,44%
South Sumatra Group	7 604				7 604	6 335				6 335	20,02%	20,02%
Hargy Oil Palms	51 580				51 580	64 667				64 667	-20,24%	-20,24%
Total outgrowers	64 135	0	0	0	64 135	75 834	0	0	0	75 834	-15,43%	-15,43%
Total FFB produced	363 788	0	0	0	363 788	374 183	0	0	0	374 183	-2,78%	-2,78%
Fresh fruit bunches per country	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Total Indonesia	228 896	0	0	0	228 896	205 057	0	0	0	205 057	11,63%	11,63%
Total PNG	134 892	0	0	0	134 892	169 126	0	0	0	169 126	-20,24%	-20,24%
Total FFB produced	363 788	0	0	0	363 788	374 183	0	0	0	374 183	-2,78%	-2,78%
Fresh fruit bunches sold	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	0				0	0				0	-	-
Umbul Mas Wisesa Group	7 044				7 044	5 170				5 170	36,26%	36,26%
	647				647	1 587				1 587	-59,20%	-59,20%
Agro Muko Group
South Sumatra Group	0				0	0				0	-	-
Total FFB sold	7 692	0	0	0	7 692	6 757	0	0	0	6 757	13,84%	13,84%
Fresh fruit bunches processed	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	58 129				58 129	56 680				56 680	2,56%	2,56%
Umbul Mas Wisesa Group	27 312				27 312	26 496				26 496	3,08%	3,08%
Agro Muko Group	75 542				75 542	69 203				69 203	9,16%	9,16%
South Sumatra Group	60 220				60 220	45 920				45 920	31,14%	31,14%
Hargy Oil Palms	134 892				134 892	169 126				169 126	-20,24%	-20,24%
Total FFB processed	356 096	0	0	0	356 096	367 426	0	0	0	367 426	-3,08%	-3,08%
PO extraction rate	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Tolan Tiga Group	22,4%				22,4%	22,6%				22,6%	-0,64%	-0,64%
					22,2%	23,0%				23,0%	-3,80%	-3,80%
Umbul Mas Wisesa Group	22,2%
Agro Muko Group	22,5%				22,5%	22,7%				22,7%	-1,14%	-1,14%
South Sumatra Group	21,9%				21,9%	23,1%				23,1%	-5,02%	-5,02%
Hargy Oil Palms	22,6% 22,4%	0,0%	0,0%	0,0%	22,6% 22,4%	25,1% 23,9%	0,0%	0,0%	0,0%	25,1% 23,9%	-9,90% -6,13%	-9,90% -6,13%
Total PO extraction rate
Palm Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	12 672				12 672	12 479				12 479	1,54%	1,54%
Umbul Mas Wisesa Group	6 020				6 020	6 075				6 075	-0,90%	-0,90%
Agro Muko Group	16 297				16 297	14 996				14 996	8,68%	8,68%
South Sumatra Group	11 559				11 559	9 157				9 157	26,24%	26,24%
Hargy Oil Palms	18 910				18 910	26 290				26 290	-28,07%	-28,07%
Total own	65 458	0	0	0	65 458	68 996	0	0	0	68 996	-5,13%	-5,13%
Outgrowers
Tolan Tiga Group	354				354	304				304	16,40%	16,40%
Umbul Mas Wisesa Group	30				30	27				27	12,51%	12,51%
Agro Muko Group	672				672	729				729	-7,79%	-7,79%
South Sumatra Group	1 627				1 627	1 429				1 429	13,84%	13,84%
Hargy Oil Palms	11 590				11 590	16 154				16 154	-28,26%	-28,26%
Total outgrowers	14 273	0	0	0	14 273	18 643	0	0	0	18 643	-23,44%	-23,44%
Total Palm Oil	79 731	0	0	0	79 731	87 639	0	0	0	87 639	-9,02%	-9,02%

Palm oil per country	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Total Indonesia	49 231	0	0	0	49 231	45 195	0	0	0	45 195	8,93%	8,93%
Total PNG	30 500	0	0	0	30 500	42 444	0	0	0	42 444	-28,14%	-28,14%
Total CPO produced	79 731	0	0	0	79 731	87 639	0	0	0	87 639	-9,02%	-9,02%
Palm Kernels	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	3 216				3 216	3 048				3 048	5,53%	5,53%
Umbul Mas Wisesa Group	1 171				1 171	1 016				1 016	15,26%	15,26%
Agro Muko Group	3 147				3 147	2 650				2 650	18,75%	18,75%
South Sumatra Group	2 146				2 146	1 594				1 594	34,63%	34,63%
Total own	9 681	0	0	0	9 681	8 308	0	0	0	8 308	16,52%	16,52%
Outgrowers
Tolan Tiga Group	76				76	65				65	15,79%	15,79%
Umbul Mas Wisesa Group	6				6	4				4	43,25%	43,25%
Agro Muko Group	143				143	137				137	4,11%	4,11%
South Sumatra Group	293				293	240				240	22,18%	22,18%
Total outgrowers	517	0	0	0	517	446	0	0	0	446	15,89%	15,89%
Total Palm Kernels	10 198	0	0	0	10 198	8 755	0	0	0	8 755	16,49%	16,49%
Palm Kernel Oil	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Hargy Oil Palms Own	1 687				1 687	2 279				2 279	-25,98%	-25,98%
Hargy Oil Palms Outgrowers	998				998	1 343				1 343	-25,74%	-25,74%
Total Palm Kernel Oil	2 685	0	0	0	2 685	3 623	0	0	0	3 623	-25,89%	-25,89%
Rubber	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Own
Tolan Tiga Group	0				0	79				79	-100,00%	-100,00%
Agro Muko	54				54	218				218	-75,23%	-75,23%
Total own	54	0	0	0	54	297	0	0	0	297	-81,82%	-81,82%
Outgrowers
Tolan Tiga Group	0				0	125				125	-100,00%	-100,00%
Total Rubber	54	0	0	0	54	422	0	0	0	422	-87,20%	-87,20%
Bananas	Q1	Q2	Q3	Q4	YTD	Q1	Q2	Q3	Q4	YTD	Q1	YTD
Azaguie	3 068				3 068	3 493				3 493	-12,16%	-12,16%
Agboville	2 576				2 576	2 082				2 082	23,71%	23,71%
Motobé	1 567				1 567	2 003				2 003	-21,75%	-21,75%
Lumen	5 316				5 316	2 605				2 605	104,06%	104,06%
Akoudje	1 354				1 354	0				0	-	-
Total Bananas	13 881	0	0	0	13 881	10 183	0	0	0	10 183	36,32%	36,32%

Commodity Price Data

March 2024