Revenue fell by 16.4% y-o-y to IDR7.5 trillion as revenues for the group’s crude palm oil (CPO) and palm kernel (PK) segments fell. Revenue for both segments fell due to the lower average selling prices (ASPs) of both CPO and PK.
Bumitama Agri (BAL) (SGX:P8Z
) has reported earnings of IDR1.19 trillion ($105.3 million) for the 1HFY2023 ended June 30, 45.4% lower y-o-y.
Earnings per share (EPS) stood at IDR686 on a diluted basis.
