Jakarta – PT Saraswanti Anugerah Makmur Tbk (SAMF) recorded total sales of Rp2.77 trillion during the first six months of 2023, marking a remarkable surge of 91.12% compared to the same period the previous year. In addition, SAMF, as indicated by its stock code, achieved a year-on-year profit increase of 70.52%.
“We are grateful the first half of 2023 performance was very good because the market demand for NPK fertilizers, especially from oil palm, rubber, coffee, and cocoa plantations, is still very high. The increase in sales was not only supported by a large enough demand but also because of the increase in the volume of fertilizers sold. At the end of June 2023, Company’s sales reached Rp2.77 trillion, while the same period in 2022 amounted to Rp1.45 trillion,” said Ir. Yahya Taufik, President Director of the Company.
Meanwhile, as of the end of June 2023, Company’s profit for the year jumped 70,52% to Rp245,23 billion, compared to Rp143.81 billion in the first six months of 2022.
In addition, the company engaged in the production and distribution of NPK fertilizers recorded assets of Rp2.73 trillion with liabilities of Rp1.53 trillion and equity of Rp1.20 trillion.
“We hold a positive outlook that the sales target of Rp4.4 trillion for 2023 will be surpassed, driven by the high demand for fertilizer from both existing and new customers. This optimism persists even as the company has secured orders extending through December 2023,” stated by Ir. Yahya Taufik.(*)
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PT Saraswanti Anugerah Makmur Tbk
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