Pt Austindo Nusantara Jaya Tbk Reports Earnings Results for the Full Year Ended December 31, 2020

PT Austindo Nusantara Jaya Tbk is an Indonesia-based holding company, which is engaged directly and through subsidiaries in the production and sale of crude palm oil, palm kernel, palm kernel oil and other sustainable food crops, and renewable energy. The Company operates through four segments: Palm Oil, Sago, Energy and Others. Its palm oil business comprises the integrated cultivation and harvesting of fresh fruit bunches from its oil palm plantations, milling them into crude palm oil, palm kernel and palm kernel oil, and selling the oils. It owns about six oil palm producing plantations. Its sago harvesting and processing operation is in South Sorong, West Papua. The Company provides management services, operates in palm oil plantations, and operates as a holding company for its subsidiaries and associates operating in the agribusiness industry, which are palm oil plantation, sago processing, tobacco processing and horticultural agriculture as well as renewable energy.