Proton Perdana (second generation)

R.E.A. Holdings plc: Trading update

Retrieved on: 
Thursday, February 2, 2023
SOM, Zoological society, Sand, Mining, MCU, PU, ZSL, Relaxation, Annual report, Zoological Society of London, Coal, ATP, Proton Perdana (second generation), Plasma, Maintenance, IPA, CPO, ESG, Palm oil, Sale, FFB, FOB, Agriculture, Renewable energy, Construction, COVID-19

Overall, rainfall for the year was 23 per cent higher than the historic average for the last ten years.

Key Points: 
  • Overall, rainfall for the year was 23 per cent higher than the historic average for the last ten years.
  • Expansion of the group’s third oil mill at Satria (“SOM”), doubling its capacity, was successfully completed in the first half of 2022.
  • This should permit the sale of the CPO produced from the sustainable FFB as segregated sustainable CPO which normally commands a price premium.
  • The semi-annual dividends arising on the preference shares in June and December 2022 were paid on their respective due dates.

R.E.A. Holdings plc: Trading update

Retrieved on: 
Thursday, January 27, 2022
Mining, Growth, Maintenance, Chakra, ZSL, CDM, Annual report, Palm oil, TBK, 70/30 Productions, Zoological society, FOB, Plasma, CPO, Coal, FFB, Sale, Fruit, SOM, Efficiency, JORC, SYB, COM, Proton Perdana (second generation), ATP, Zoological Society of London, KMS, Mahakam River, COVID-19, Intention, ESG, Bank Mandiri, IPA, REA, Textile, Iron ore

High levels of rainfall not only inhibit evacuation of FFB but also delay road upkeep programmes thereby exacerbating evacuation problems.

Key Points: 
  • High levels of rainfall not only inhibit evacuation of FFB but also delay road upkeep programmes thereby exacerbating evacuation problems.
  • The average selling price for the group's CPKO, on the same basis, was $1,157 per tonne (2020: $615 per tonne).
  • The group's vaccination programme accelerated through the year, with over 12,000 doses administered to employees and their families during 2021.
  • The group will aim to enhance returns from the agricultural operations by the resumption of extension planting and increased operational efficiency.