Like peers, plantation firm Sinar Mas Agro Resources and Technology (SMAR) booked profit attributable owners of Rp918 billion in 2023, dropped 83.3% year on year (y/y), as operating profit fell 77.3% y/y to Rp1.48 trillion. Sales declined 12% y/y to Rp66.5 trillion. The Company’s Ebitda reached Rp3.8 trillion, fell 61% y/y. To subscribe please click here