PT Sinar Mas Agro Resources and Technology Tbk (SMART) is an Indonesia-based leading integrated palm-based consumer company. The company’s primary activities range from cultivating and harvesting of oil palm trees, processing fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), to refining CPO into industrial and consumer products such as cooking oil, margarine and shortening.
|Industry Sub Sector||Plantation|
|Established||18 June 1962|
|Listed||20 November 1992|
|Listed Company Code||SMAR|
|Major Shareholders (>5%)||Purimas Sasmita (97.00%)|
|Key Subsidiaries||Tapian Nadenggan
Kresna Duta Agroindo
Maskapai Perkebunan Leidong West Indonesia
Satya Kisma Usaha
Stock Quote SMART - SMAR:
SMART cultivates 139,000 hectares of oil palm plantations in Indonesia, including plasma. The company has 15 mills that extract CPO and PK from FFB, with a total production capacity of 3.9 million tons per year.
CPO is processed into value-added bulk, industrial and branded products through the firm's refineries, with a total capacity of 2.3 million tons per year. The PK is crushed in kernel crushing plants with an annual capacity of 480 thousand tons, producing higher-value palm kernel oil and palm kernel meal.
SMART's Financial Highlights:
|Net Income (loss)
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: SMART Annual Report 2015
Sinar Mas Land Plaza, Menara II, 30th Floor
Jalan M.H. Thamrin No. 51
Central Jakarta - 10350
Phone: +62 21 503 38899
Fax: +62 21 503 89999