Oil prices Fell, profit Down 22% Salim Ivomas

Jakarta -PT Ivomas Pratama Salim Spiders (SIMP) in the first half of 2012-down 22% to $ 868 billion compared to the previous year from Rp 881 billion. Profit due to a decrease in sales price eroded palm oil crude palm oil raw aka (CPO).

Though profit fell but the company pendapatn 14%, up from the previous $ 6.98 billion in the last year to Rp 6,14 billion during the period of the first six months of this year.

"We're pretty positive in terms of production. Vegetable oils and fats business we also experienced an increase in production volume amounted to 11%, "said President Director Mark SIMP Wakeford in a press release the company, Wednesday (15/8/2012).

The production of fresh fruit bunches (TBS) and the company's CPO respectively increased by 5% to 1,333 million tonnes and 400,000 tonnes. While the rising sales volume of oil refining capacity pengingkatan seconded.

(ang/dru)