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PT Astra Agro Lestari Tbk recorded a stable performance throughout 2023. The company achieved positive production growth. Despite its plantations reaching maturity, the company was able to increase its production by around 4%, compared to the previous year.
The company faced challenges due to fluctuations in palm oil prices, which ultimately affected profitability. However, PT Astra Agro Lestari Tbk remained focused on cost management and productivity.
Despite facing rising fuel and fertilizer costs, the company has maintained high productivity levels and its commitment to remain a leader in the industry by keeping the decline in profitability lower than other players in the industry.
“We emphasize competitive advantage through high productivity. In the spirit of remaining in the industry’s top tier, it is important to maintain above-standard quality, even though there is no significant product differentiation. Therefore, productivity and operational efficiency are our main focus to remain competitive in this competitive business environment,” said Santosa, President Director of PT Astra Agro Lestari Tbk.
The importance of inclusion, especially in gender equality is also a focus of PT Astra Agro Lestari Tbk. The company does not only focus on the production aspect, but also strives to increase the presence of gender equality.
Special programs and mentoring were implemented to encourage women’s participation in industries previously considered male-dominant.
For these initiatives, PT Astra Agro Lestari Tbk was awarded the 2023 Indonesia Best Workplace for Women Award for Promoting Inclusivity and Gender Equality. “We are committed to creating a work environment that is fair, inclusive, and provides equal opportunities for all employees, regardless of gender,” said Santosa.
The company’s stable performance and the initiatives that have been successfully carried out by PT Astra Agro Lestari Tbk have earned Santosa, who serves as President Director of PT Astra Agro Lestari Tbk, the title of The Best Industry Marketing Champion 2023, Agriculture Sector. This award was given at The 18th MarkPlus Conference 2023 event at the Ritz-Carlton Jakarta, Pacific Place, Thursday (7/12/2023).