{
    "success": true,
    "data": {
        "id": 9490,
        "msgid": "indoagri-posts-59-sales-increase-to-715m-1205305035",
        "date": "2008-03-12 13:57:15",
        "title": "IndoAgri posts 59% sales increase to $715M",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "Indofood Agri Resources Ltd (IndoAgri), a major subsidiary of food giant PT Indofood Sukses Makmur, reported a 59% increase in sales to Rp6.5 trillion ($715 million) in 2007 from Rp4.09 trillion in the previous year, Asia Pulse reported Tuesday (4\/3\/08). The better than expected performance was attributable mainly to larger sales and a leapfrogging increase in the price of crude palm oil, the company said in a report.",
        "content": "<p>Indofood Agri Resources Ltd (IndoAgri), a major subsidiary of food giant PT Indofood Sukses Makmur, reported a 59% increase in sales to Rp6.5 trillion ($715 million) in 2007 from Rp4.09 trillion in the previous year, Asia Pulse reported Tuesday (4\/3\/08).<\/p>\n<p>The better than expected performance was attributable mainly to larger sales and a leapfrogging increase in the price of crude palm oil, the company said in a report.<\/p>\n<p>Operating profit rose 95% to Rp1.96 trillion and its net profit surged 34% to Rp740 billion, the subsidiary said.<\/p>\n<p>The company is listed on the Singapore Stock Exchange but its entire operations in oil palm plantations are in Indonesia.<\/p>\n<p>The company, with plantations in South Sumatra, West Kalimantan and East Kalimantan, also reported a strong growth in assets to Rp18.83 trillion from only Rp5.59 trillion.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indoagri-posts-59-sales-increase-to-715m-1205305035",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}