PT Sinar Mas Agro Resources and Technology Tbk Stocks

PT Sinar Mas Agro Resources and Technology Tbk (SMAR.JK) is primarily involved in the cultivation and harvesting of oil palm trees across Indonesia. The company's operations extend to processing fresh fruit bunches (FFB) to produce crude palm oil (CPO) and palm kernel (PK), which are subsequently refined into a diverse range of value-added goods. Its extensive product portfolio includes consumer cooking oils marketed under brands such as Filma, Mitra, and Kunci Mas. For industrial clients, it provides margarines and shortenings, including the Palmboom, Menara, and Goodfry lines, alongside other specialized fat products. Furthermore, the company supplies a variety of industrial ingredients like fatty acids, glycerin, soap noodles, palm kernel oil and meal, and cocoa butter substitutes. Beyond its core palm oil activities, PT Sinar Mas Agro Resources and Technology Tbk also engages in ornamental plant farming, offers transportation and administrative support services, and has interests in organic chemical, oleo-chemical, and bioenergy ventures. As of December 31, 2021, the company managed approximately 105,942 hectares of planted area. Established in 1962, the company maintains its corporate headquarters in Jakarta, Indonesia. PT Sinar Mas Agro Resources and Technology Tbk operates as a subsidiary of PT Purimas Sasmita.