|Astra Agro Lestari in Brief|
PT Astra Agro Lestari Tbk (“the Company”) is a leading palm oil producer in Indonesia, established since 33 years ago and headquartered in Jakarta. The Company committed to deliver high quality palm oil products (CPO) to fulfill the domestic and export markets.
The Company has been public listed in Indonesia Stock Exchange (IDX) since 1997. Currently public investors holding are 20.32% of the shares. Since the Initial Public Offering (IPO) in 1997, the Company shares prices have been steadily increasing from Rp 1,550 per share to Rp 25,100 per share at the end of IDX trading in December 2013.
After the long journey through acquisitions, mergers, and development, the Company has assets of Rp 14.96 trillion by the end of 2013. Currently, the Company manages the total of 281,378 ha of oil palm plantations, which consist of 220,021 ha of nucleus estates and 61,357 ha of plasma estates. In order to operate, the Company employs 29,766 permanent employees in Jakarta, Sumatra, Kalimantan and Sulawesi.
The Company’s achievement is inseparable from the support from our stakeholder’s and the Company’s commitment of continuous improvement in quality, productivity and innovation. Therefore, stakeholder’s engagement and CSR programs implementation at all operational areas play an important role that enable the Company’s to achieve sustainable business growth.