Profile

Industry Sector Agriculture
Industry Sub Sector Plantation
Established 18 December 1962
Listed 05 July 1996
Listed Company Code LSIP
Listed Shares 6,822,863,965
Dividend Yes
Major Shareholders (>5%) Salim Ivomas Pratama (59.48%)
Key Subsidiaries Multi Agro Kencana Prima
Tani Musi Persada
Sumatra Agri Sejahtera
Tani Andalas Sejahtera
Lonsum Singapore Pte, Ltd
Main Commodities

Stock Quote PP London Sumatra Indonesia - LSIP:

Business Summary

Palm products accounted for around 85 percent of the company's sales volume in 2013. Rubber's share towards sales volume is roughly 8 percent. Between 85 and 90 percent of total production is sold on the domestic market, the remainder exported. As of 1 January 2014, Lonsum has a total of 89,845 hectares of oil palm plantations across its nucleus estates. It operates a total of 11 palm oil mills: four in North Sumatra, six in South Sumatra and one in East Kalimantan. Total annual processing capacity of these mills is 2,295,000 tons of fresh fruit bunches (FFB).

Lonsum’s rubber is produced in the estates on North Sumatra, South Sumatra and South Sulawesi. By the end of 2013, the company’s nucleus rubber plantation area covered 17,300 hectares, of which 28 percent is still immature. Lonsum operates four rubber factories (including four crumb rubber production lines that have a processing capacity of 42,720 tons per annum) and three sheet rubber production lines (with a processing capacity of 11,100 tons per annum).

PP London Sumatra Indonesia also owns cocoa plantations in East Java, North Sulawesi and North Sumatra, as well as tea plantations in West Java.

Visit our Palm Oil in Indonesia section to read more about Indonesia's palm oil industry.

Operational Highlights PP London Sumatra Indonesia:

Production    2010    2011    2012    2013    2014    2015    2016
Crude Palm Oil
  365.7   442.9   448.3   396.5   443.1   475.7   384.5
FFB¹ Nucleus
1,170.4 1,291.3 1,314.8 1,250.4 1,341.2 1,396.6 1,222.5
Processed FFB 1,585.4 1,923.3 1,989.0 1,730.0 1,908.2 2,073.8 1,711.9
Palm Kernel    90.7   105.4   103.4    97.7   109.2   123.4   103.2
Oil Palm Seed²    20.7    26.4    27.4    24.1    13.8    15.3    11.8
Rubber    18.5    13.9    13.1    12.7    13.2    11.7    10.8

in thousand tons, except stated otherwise
¹ Fresh Fruit Bunches
² million seeds
Source: PP London Sumatra Indonesia, Annual Report 2016

Financial Highlights PP London Sumatra Indonesia:

     2010    2011    2012    2013    2014    2015    2016
Net Sales  3,592.7  4,686.5  4,211.6  4,133.7  4,726.5  4,189.6  3,847.9
Gross Profit
 1,771.4  2,362.3  1,681.1  1,253.5  1,536.4  1,115.8  1,110.8
Net Income  1,033.3  1,701.6  1,116.2    769.5    929.4    623.3    592.8
EBITDA  1,564.6  2,245.0  1,553.3  1,258.0  1,437.3  1,116.3  1,135.4
Operating Income  1,360.6  2,005.5  1,324.0  1,025.6  1,257.5    835.9    810.8
Total Assets  5,561.4  6,791.8  7,552.0  7,974.9  8,713.1  8,848.8  9,459.1
Total Liabilities  1,007.3    952.4  1,272.1  1,645.9  1,710.3  1,510.8  1,813.1
Earnings per
share¹
    151     249     164     113     136      91     87

in billion IDR rupiah, except stated otherwise
¹ in IDR rupiah
Source: PP London Sumatra Indonesia, Annual Report 2016

Future Forecast Financial Highlights PP London Sumatra Indonesia:

     2015    2016   2017F   2018F
Net Sales  4,189.6  3,847.9  4,839.0  5,218.0
Net Income    623.3   592.8   849.0   930.0
P/E Ratio (x)
    19.2    14.1    12.8
P/B Ratio (x)      1.6     1.5     1.4

in billion IDR rupiah, except stated otherwise
Source: RHB Securities (05/01/2017)

Location

Contact Details

Prudential Tower, 15th Floor
Jalan Jenderal Sudirman Kav. 79
Jakarta - 12910
Phone: +62 21 5795 7718
Fax: +62 21 5795 7719
Email: lonsum@londonsumatra.com
www.londonsumatra.com