PT Sinar Mas Agro Resources and Technology Tbk (Ticker: SMAR), listed on the Indonesia Stock Exchange, is one of the leading palm-based agribusiness and consumer product companies and our vertically integrated operations are among the most efficient and technologically advanced in the industry. This competitive edge is critical in managing through the industry’s volatility. We strive to build a resilient business propelled by innovation and sustainability, which enables us to stay at the forefront of our industry and pave the way for greater growth.
PT SMART Tbk adopts an investor relation policy to promote regular, effective and fair communication with shareholders.
Established in 1962, PT Sinar Mas Agro Resources and Technology Tbk (SMART) is one of the leading, publicly-listed, integrated palm-based consumer companies in Indonesia generating revenue of Rp 36.2 trillion and EBITDA of Rp 2.3 trillion in 2019.
SMART is focused in sustainable palm oil production. SMART’s primary activities start from cultivating around 138 thousand hectares of oil plam plantations in Indonesia, including plasma smallholders; harvesting and extracting fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), to processing it into a broad range of industrial and consumer products such as cooking oil, margarine, shortening, biodiesel and oleo-chemicals; as well as merchandising palm products throughout the world.
SMART recorded fruit yield of 21.2 tonnes per hectare which is higher-than-industry average. Our 16 mills extract CPO and PK from FFB, with a total capacity of 4.4 million tonnes per annum.
Our CPO is processed further into value-added bulk, industrial and branded products through our own refineries, with a total capacity of 2.9 million tonnes per annum. The PK is crushed in our kernel crushing plants, which have an annual capacity of 810 thousand tonnes, producing higher-value palm kernel oil and palm kernel meal.
SMART also markets and exports palm-based consumer products. Besides bulk and industrial oil, SMART’s refined products are also marketed under several brands, such as Filma® and Kunci Mas®. Today, these brands are recognised for their high quality and command significant market share in their respective segments in Indonesia.