Pt Sampoerna Agro Tbk Reports Earnings Results for the Nine Months Ended September 30, 2020

PT Sampoerna Agro Tbk is an Indonesia-based plantation company engaged in the palm oil manufacturing business. The Company and its subsidiaries are engaged in oil palm, palm oil mill, germinated seed production, utilization of timber forestry products (rubber) and non-timber (sago) and others, that are located in South Sumatera, West Kalimantan, Central Kalimantan, and Riau. In addition to the development of their own plantations, the Company and certain subsidiaries have been developing plasma plantations and managing cooperation with plasma farmers. Its business portfolio is divided into two main segments, namely Palm products, which includes fresh fruit bunches (FFB), crude palm oil (CPO), and palm kernel (PK), and Germinated seeds and other non-palm oil products, such as sago starch, rubber, analytical services, and electricity, all recorded under Others. The Company owns and operates eight palm oil mills for processing oil palm FFB into CPO and PK.