PT Salim Ivomas Plantation (SIMP) Tbk booked net profit of Rp406.2 billion in Jan-Sep 2017, an increase of 37.6% from the corresponding period last year, thanks to strong performance in the first half. In the third quarter, pretty much as predicted, SIMP suffered from 67% fall year-on-year in net profit due to correction of crude palm oil (CPO) prices.To subscribe please click here
