Astra Agro Lestari pays $6.76m in dividends despite declining revenue

Publicly listed palm oil company PT Astra Agro Lestari announced Wednesday that it would spend 45 percent of last year’s profit, around Rp 94.95 billion (US$6.76 million) in dividends, rewarding its shareholders despite declining productivity. The company, which is a subsidiary of diversified conglomerate PT Astra International, will pay a lower dividend per share of…

Astra Agro Develops Own Technology to Improve Plantation Operations

Bogor, West Java. Plantation company Astra Agro Lestari claims it has developed its own technology to boost the productivity of its oil palm plantations and counter the short supply of modern plantation tools and machineries in Indonesia.  The company, a subsidiary of Astra International, has devised at least three applications and tools to manage thousands of its…

Palm oil producers eye domestic market amid challenges

Monday, 18 March 2019 | thejakartapost.com Amid tough global market challenges, the country’s palm oil producers have to start expanding in the domestic market in order to boost absorption and stay afloat. Palm oil producer PT Astra Agro Lestari (AALI), part of diversified conglomerate Astra International, is no exception. Astra Agro Lestari president director Santosa said…