Brief: Bumitama Agri Is Confident That Low Cycle Is Behind

Bumitama Agri

11/08/2023 02:27

Aug 11 (Reuters) - Bumitama Agri Ltd  BUMI.SI :
    * CONFIDENT THAT LOW CYCLE IS BEHIND US AND PRODUCTION
PROPORTION
IN SECOND HALF OF 2023 WILL BE BIGGER SHARE OF YEAR
    * REVENUE IN 2Q23 PROGRESSED BY 9% FROM 1Q
    * NET PROFIT IN 2Q23 PROGRESSED 77% VERSUS 1Q
    * ROBUST PERFORMANCE IN 2Q23 PERIOD COULD SERVE AS
TRANSITION
TOWARDS A MORE SUPPORTIVE ENVIRONMENT
    * PRODUCTION VOLUME OF CPO SOARS 34% QOQ TO REACH 314,759
TONS IN
2Q23

Source text for Eikon:  ID:nSN6DYn52 
Further company coverage:  BUMI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))