Operations, production is up YoY & QoQ
- FFB production 9M 2017 was 982,610 tons up 20% compared to 9M 2016.
- Comparing Q3 2017 to Q3 2016, production jumped 38%.
- On quarterly basis, Q3 2017 FFB production increased by 12% compared to Q2 2017.
- CPO and PK production for 9M 2017 increased by 20% and 16%.
Financials, EBITDA up 73%
- Strong financial growth compared to last year, from both increases in volume & price during 2017.
- Revenue of IDR 2.2tn up 40% compared to last year.
- EBITDA to IDR 681bn jumped significantly by 73% compared to 9M 2016.
- Still booked a net loss of IDR 215bn but better compared to last year net loss of IDR 303bn.
- Loans decreased from IDR 8.5tn as of Dec 2016 to IDR 8.2tn.