Flash News

Sime Darby Contributed 4% of Palm oil Production in the World

04 January 2018 , 06:17 WIB | Read : 27 | By : Administrator

InfoSAWIT, PETAILING JAYA – Referring to the research result from Kenanga Resources about Sime Darby Plantation, Bhd within the recommendation from “The Work of Company” that has target to increase the price, RM 5,50, until now, the company still becomes the leader in sustainable palm oil markets, in the recovery fresh fruit bunch, and in integrated operational development.

The research result of Kenanga Research, as InfoSAWITquoted from The Sun Daily, Monday (1/1/2018) noted, there is premium price 5% to the ratio of price-to-earning (PER) Sime Darby Plantation reaching 26 times higher than the avarage validation of the other palm oil plantation companies, such as,  IOI Corp, and Kuala Lumpur Kepong Bhd.

Kenanga Research also noted, the net operational cost of Sime Darby Plantation increased 0,56 time. It could postpone the merger and acquisition because of the decreasing production in the previous period and the increasing other production cost per unit.

Sime Darby still becomes the biggest palm oil company in the world. It has the biggest palm oil factory’s capacity. It produces palm oil production reaching 4%.

Sime Darby also produces 98% of crude palm oil having certified sustainable palm oil (CSPO) certificates. CPO of Sime Darby is more expensive, about US$ 20/ton–it depends on the yeild.

So Sime Darby still becomes the biggest palm oil plantation company having the planted areas and the third biggest one having highest refinery in the world. (T2)

. . . to get our digital magazine can be read in a InfoSAWIT Store.
InfoSAWIT Store