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May 03, 2015 2:33 PM ET

Food Products

Company Overview of PT Salim Ivomas Pratama

Company Overview

PT Salim Ivomas Pratama Tbk, together with its subsidiaries, engages in the research and development, seed breeding, oil palm cultivation and milling, production and sale of edible oils and fats in Indonesia. The company operates through two segments, Plantations, and Edible Oil and Fats. The Plantations segment is primarily involved in the development and maintenance of oil palm, sugar cane, and rubber plantations; and other business activities relating to palm oil, sugar, and rubber processing, marketing, and selling. This segment also engages in the development and maintenance of cocoa, coconut, and tea plantations; and management and cultivation of industrial timber plantations. The Edib...

Sudirman Plaza

Indofood Tower

11th Floor

Jl. Jend Sudirman Kav. 76-79

Jakarta,  12910

Indonesia

Founded in 1992

38,976 Employees

Phone:

62 21 5795 8822

Fax:

62 21 5793 7504

Key Executives for PT Salim Ivomas Pratama

PT Salim Ivomas Pratama does not have any Key Executives recorded.

PT Salim Ivomas Pratama Key Developments

PT Salim Ivomas Pratama Tbk Reports Earnings Results for the Year Ended December 31, 2014

PT Salim Ivomas Pratama Tbk reported earnings results for the year ended December 31, 2014. For the year, the company reported a 13% increase of sales growth to IDR 14.96 trillion compared to IDR 13.28 trillion in fiscal 2013. Positive sales growth was principally driven by higher average selling prices of palm products (CPO and PK) as well as higher edible oils and fats sales. Operating profit rose 38% to IDR 2.44 trillion in fiscal year 2014 with operating margin of 16% in line with higher gross profit but partly offset by higher operating expenses and lower other operating income. The company reported a 61% increase in Profit Attributable to Owners of the Parent to IDR 842 billion mainly as a result of to higher operating profit.

PT Salim Ivomas Pratama Presents at Indonesia Corporate Day, Nov-28-2014

PT Salim Ivomas Pratama Presents at Indonesia Corporate Day, Nov-28-2014 . Venue: BAML Client Center, 14/F , 50 Collyer Quay, OUE Bayfront, Singapore.

PT Salim Ivomas Pratama Presents at 7th Annual dbAccess Indonesia Conference 2014, Nov-18-2014

PT Salim Ivomas Pratama Presents at 7th Annual dbAccess Indonesia Conference 2014, Nov-18-2014 . Venue: Four Seasons, Jakarta, Indonesia.

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