DSN recorded net sales of Rp 2.64 trillion in the third quarter of 2016, decreased by 19.9% compared to the same period last year, as CPO production declined due to the continuing impact of the recent El Nino.
DSN Group through its subsidiary PT Dharma Sejahtera Nusantara inaugurated a new wood product plant named PT Daiken Dharma Indonesia, a joint venture company with Daiken Corporation, Japan.
DSN posted net sales of Rp 1.86 trillion in the first half of 2016, 17.3% lower compared to the same period last year. The decrease was due to the drop in CPO production from the continuing impact of the recent El Nino.
PT Dharma Satya Nusantara Tbk today held the Annual General Meeting of Shareholders (AGM), followed by the Public Expose. The event took place at the Financial Hall, Graha Niaga CIMB, Jl. Sudirman Kav. 58, Jakarta 12190. AGM aproved to distributed cash dividend.
DSN reached a conditional agreement with R.E.A. Holdings plc. Under which agreement, PT Swakarsa Sinarsentosa, a wholly owned subsidiary of DSN, will acquire 15% investment in REA principal operating subsidiary in Indonesia, PT REA Kaltim Plantations.
PT Dharma Satya Nusantara Tbk (DSNG) in 2015 posted net sales of Rp 4.43 trillion, 9.7% lower compared to 2014 net sales of Rp 4.90 trillion. The decrease was due primarily to lower CPO average selling prices in 2015.
Total CPO production DSN in 2015 reached 407 thousand tons, an increase of 4.2% compared to 391 thousand tons in 2014, despite the dry conditions in the second half of the year.
DSN announced the Consolidated Financial Statements of the Company a for the period ended September 30, 2015 and released the Operational Performance Report in the Investor Newsletter for the first 9 months of 2015.
In the first six months of this year, DSN recorded net sales of Rp 2.25 trillion, a decline of 12.4% from the Rp 2.56 trillion booked in the same period last year.