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Provident Agro Sets Capital Expenditure at Rp 500b

Bareksa13 Juni 2014
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Provident Agro Sets Capital Expenditure at Rp 500b
Workers collect palm oil fruits inside a palm oil factory in Sepang, outside Kuala Lumpur (REUTERS/Samsul Said)

Provident saw its FFB production rise by 39 percent year-on-year to 75,616 tons.

Bareksa.com - Quoted from The Jakarta Globe, Provident Agro, an Indonesain palm oil producer, has set aside Rp 500 billion ($42 million) in capital spending to finance its expansion plans this year, according to a company executive.

Provident Agro aims to increase its CPO production by 23.45 percent to 100,000 tons this year, from 81,000 tons produced last year. Its first-quarter CPO output rose by 21 percent to 22,374 tons, compared to 18,483 tons during the January-March period of 2013

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Produk EksklusifHarga/Unit1 Bulan6 BulanYTD1 Tahun3 Tahun5 Tahun

Trimegah Dana Tetap Syariah

1.380,63

Up1,12%
Up4,80%
Up7,39%
Up8,39%
Up19,25%
-

Trimegah Dana Obligasi Nusantara

1.091,65

Up0,63%
Up5,10%
Up6,81%
Up7,27%
Up2,47%
-

STAR Stable Amanah Sukuk

1.076,51

Up0,67%
Up3,96%
Up6,77%
Up7,65%
--

Capital Fixed Income Fund

1.840

Up0,53%
Up3,90%
Up6,40%
Up7,41%
Up16,98%
Up39,30%

Insight Renewable Energy Fund

2.261,77

Up0,76%
Up3,74%
Up6,14%
Up7,03%
Up19,72%
Up35,55%

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