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Astra Agro to expand into poultry feed

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Publish time: 23rd September, 2014      Source: www.cnchemicals.com
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September 23, 2014

   

   

Astra Agro to expand into poultry feed

   

   
   
   

   

PT Astra Agro Lestari Tbk, the plantation unit of PT Astra International Tbk, is planning to expand into the poultry feed and sugarcane plantation businesses, said CEO Widya Wiryawan.

   

   

Astraplans to acquire a poultry feed firm in East Java.

   

   

The company is targeting 15.8 trillion rupiah in revenue this year, up 25% from last year's 12.67 trillion rupiah. Revenue in the first half reached 8 trillion rupiah, up from 5.4 trillion rupiah a year earlier.

   

   

10,000 rupiah = US$0.83