Sime Darby Plantation Registers RM457 million in Profit Before Tax (PBT) for the Six Months Ended 31 December 2018
For the six-month financial period ended 31 December 2018 (FP 2018), Sime Darby Plantation (SD Plantation) Group registered a PBT of RM457 million, on the back of weak average crude palm oil (CPO) and palm kernel (PK) prices realised mitigated by continued earnings improvement from its Downstream operations.
Sime Darby Plantation (SDP) was made aware of an online report entitled ‘Who is Still Tied to Indofood?’ by Rainforest Action Network (RAN) at 11.15pm(Kuala Lumpur time).
Foresthints published a report dated 4th February 2019 (‘Palm Oil Supplier Continues to Disrespect Government Sanction’), which links the Pundi Lahan Khatulistiwa Group to Sime Darby Plantation (SDP).
We refer to the online report published by www.foresthints.news on 1 February 2019 containing satellite imagery as evidence of land clearing activities by PT SAE, a subsidiary of Saraswanti Group. We were made aware of this report at 16.00h (Kuala Lumpur time).
Sime Darby Plantation Berhad’s Biodiversity Conservation Project in Jentar Features the Largest Collection of Endangered Rare & Threatened Rainforest Tree Species in an Oil Palm Plantation Area
Sime Darby Plantation Berhad (SDP), the world’s largest producer of certified sustainable palm oil (CSPO), today celebrates the successful completion of its ‘Jentar Plant-A-Tree’ project – a biodiversity conservation initiative that includes the largest collection of Endangered, Rare and Threatened (ERT) tree species in a single oil palm plantation area in Malaysia, and possibly South East Asia.