Sinar Mas Agro Targets Production Volume Growth of 8% in 2021


PT Sinar Mas Agro Resources and Technology Tbk (SMAR) targets production volume growth of 8% from the realization in 2020.

"Last year, SMAR's production volume of palm products was recorded at 738,800 tons consisting of CPO and palm kernel (PK). Therefore, for 2021, we estimate that our palm oil production, both CPO and palm kernel (PK) can increase by approximately 8%," said SMAR Investor Relations Pinta S on Wednesday (16/6).

Meanwhile, Deputy President Director of SMAR Jimmy Pramono said that this year his party is aiming for net sales growth similar to the production volume target, which is at 8% or growing to Rp. 43.66 trillion from the notch in the previous year of Rp. 40.43 trillion.

"For this year, we are targeting production to improve compared to last year at approximately 8%. Likewise, we are targeting our revenue target at approximately the same number," she explained.

Jimmy added that the company is only ab


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