Indonesian Palm Oil News (IPO News) – The fertilizer industry is one of the important production factors for agriculture and plantations, because the proper use of NPK fertilizers will determine the quantity and quality of agricultural productivity and plantation commodities produced.
Amidst various challenges that have been faced throughout 2023, the SARASWANTI Group was able to maintain its reputation and maintain its position as a leading player in the fertilizer industry in Indonesia.
The year 2023 is when the Saraswanti Group strives to continue to increase growth momentum amidst domestic and global challenges. In the challenging year of 2023, the Company chooses to consistently develop collaborative strategies with various strategic clients to expand the marketing of the Company’s products.
Externally, the strengthening price of Crude Palm Oil (CPO) remains a positive catalyst for the Company’s performance. CPO price and market movements have a significant effect because 90% of the Company’s fertilizer market is absorbed by oil palm plantations.
While from the internal side, the Company continuously implements a number of business strategies that will continue in an effort to provide the best support for customers in order to obtain maximum value in the form of the right time, the right type, the right dose, the right formula and the right way/application of fertilizers.
With a fairly good response to the dynamics of the existing situation, in 2023 the Saraswanti was able to increase sales by 20.98%, from Rp 3,689 billion in 2022 to Rp 4,464 billion in 2023. In addition, the Company was also able to book a profit for the year of Rp 420 billion, an increase of 21.41% compared to Rp 346 billion in 2022.
As part of the petrochemical industry, the Saraswanti Group believes that the prospects for the fertilizer industry are still very promising, although the level of competition will also be higher. The need for fertilizer supply will continue to increase as part of maintaining food security and independence of the national agricultural sector.
The Saraswanti Group is always focused and continues to strive optimally to maintain sustainable sales growth and better than the previous year, with profitability levels that continue to increase every year. This involves increasing the overall production and sales of fertilizers, without reducing the commitment to quality and service to customers.
Profile of PT Saraswanti Anugerah Makmur Tbk
ADDRESS :
HEAD OFFICE
Surya Inti Permata Juanda Super Blok A-52
Jl. Raya Juanda, Wedi, Gedangan, Sidoarjo, Jawa Timur
Phone: (031) 82516888 ;
Fax.: (031) 82516555
Email : corsec@saraswanti.com
sam@saraswanti.com
Website : www.saraswantifertilizer.com
OPERATIONAL OFFICE
AMG Tower, 20th Floor, Jl. Dukuh Menanggal 1-A,
Gayungan, Surabaya 60234, Jawa Timur.
Phone: +62-31 82516888,
Fax: +62-31 82516555
BRANCH OFFICE
Centennial Tower, 29th G Floor,
Jl. Gatot Subroto Kav. 24 – 25, Jakarta 12930
Phone: +62-21 22958480
Total Assets :
2019 – RP. 1.347.469.- million
2020 – RP. 1.342.071.- million
2021 – RP. 1.763.124.- million
2022 – Rp. 3.097.781.- million
2023 – Rp. 2.793.665.- million
Factories :
Mojokerto Factory I – 100,000 Tons
Mojokerto Factory II – 200,000 Tons
Medan Factory I – 80,000 Tons
Medan Factory II – 160,000 Tons
Sampit Factory – 260,000 Tons
To subscribe or for more information, contact: Marketing or Email
Need a Research Book? Please visit CDMI Consulting
