The shareholders of DSN approved for the Company's proposal to acquire 100% shares of plantation companies, PT Bima Palma Nugraha and PT Bima Agri Sawit.
DSNG FFB production up to the third quarter of 2018 was recorded at 1.2 million tons, slightly higher than the same period last year.
In the first semester of 2018, the Company recorded revenue of Rp 2.1 trillion, a decrease of 20% compared to the same period last year.
DSNG recorded revenue of Rp 963 billion in the first quarter of 2018 on sales volume of 82 thousand tons of CPO, with aggregate Free Fatty Acid (FFA) levels improving to 2.84% this year.
PT Dharma Satya Nusantara Tbk (The Company, DSNG) recorded a strong performance in 2017, posting a net profit of Rp 585.15 billion, an increase of 133.4% compared to the net profit in 2016.
DSN Group continues to improve the partnership with farmers cooperatives in Muara Wahau District by providing investment credit to 4 Koperasi Serba Usaha (KSU) around the plantation area.
PT Dharma Satya Nusantara Tbk posted a net income of Rp 412.4 billion in the first nine months of 2017, a significant increase compared to the same period last year of Rp 17.3 billion.