PT Prime Agri Resources Tbk Stocks

PT Sampoerna Agro Tbk, together with its subsidiaries, operates palm oil and rubber plantations, and palm oil mills in Indonesia and internationally. It operates through two segments: Palm products and others. The company offers crude palm oil, palm kernel, and superior oil palm seeds, as well as non-palm products, such as rubber and sago starch. It is also involved in the utilization of forestry products; provision of management consultation service; and wholesale trade activities. In addition, the company develops plasma plantations and manages cooperation with plasma farmers. The company produces and sells its oil palm seeds under the DxP Sriwijaya brand; and sago starch under the brand name Prima Starch. As of December 31, 2021, its total planted area included 118,962 hectares of oil palm inti plantations, sago plantations, and rubber plantations. The company was formerly known as PT Selapan Jaya and changed its name to PT Sampoerna Agro Tbk in 2007. The company was founded in 1993 and is headquartered in Palembang, Indonesia. PT Sampoerna Agro Tbk is a subsidiary of Sampoerna Agri Resources Pte. Ltd.