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20240228_LSIP_Laporan Informasi dan Fakta Material_31581526_lamp2.pdf

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                                                               PT PP London Sumatra Indonesia Tbk
                                                                     Ikhtisar FY2023 Highlights                                                                                                                      February 29, 2024
        Profit or Loss Highlights
                  (Rp bn)
                                                                   FY23                       FY22                      ∆                  FY23 Sales Mix                                                        FY22 Sales Mix
    Sales                                                                 4,190                      4,585               (9%)              Rp4,190 billion                                                       Rp4,585 billion
    Gross Profit                                                          1,151                      1,491              (23%)
       Gross Profit Margin                                                  27%                        33%
    Operating Profit                                                        759                      1,206              (37%)
       Operating Profit Margin                                              18%                        26%
    Profit for the Year                                                     761                      1,035              (27%)
    Attributable Profit                                                     762                      1,036              (26%)          Palm Products,                                                      Palm Products,
                                                                                                                                            95%                                        Rubber, 3%                                               Rubber, 3%
       Attributable Profit Margin                                           18%                        23%                                                                             Seeds, 1%                95%
                                                                                                                                                                                                                                                Seeds, 1%
    Earning per Share (1) (In Rp)                                           112                        152              (26%)                                                          Others, 1%                                               Others, 1%
    Core Profit (2)                                                         927                      1,116              (17%)
    EBITDA (3)                                                            1,301                      1,747              (26%)
      EBITDA (3)Margin                                                      31%                        38%
(1) Calculated based o n weighted average number o f o rdinary shares fo r basic earning per share
    (number o f shares)
(2) P ro fit fo r the year befo re effects o f fo rex gains/(lo sses), changes in fair value o f bio lo gical assets,
    expected interest rate amo rtizatio n o f plasma receivables and o ther no n-recurring items
(3) P ro fit befo re inco me tax - finance inco me + finance co sts + depreciatio n and amo rtizatio n expenses
    ± changes in fair value o f bio lo gical assets ± o ther no n-recurring items



     Financial Position Highlights                                                                                                                    Sales Volume
                                                              31 Dec 2023               31 Dec 2022                                                                                           FY23                FY22          ∆
                (Rp bn)                                                                                                                                 ('000 MT)
    TOTAL ASSETS                                                        12,514                     12,417                                CPO                                                         303                 286        6%
      Cash & Cash Equivalents                                            4,511                      3,847                                PK Products - PK, PKO, PKE                                  105                 100        4%
    TOTAL LIABILITIES                                                    1,167                      1,481
    TOTAL EQUITY                                                        11,347                     10,936
                                                           FY2023                     FY2022                                                                                            FY23               4Q22
  Oil Palm Production Highlights                                                                                                               Nucleus Planted Area
                                                                   FY23                       FY22                      ∆                                                                31 Dec 2023           31 Dec 2022
            ('000 MT)                                                                                                                                (hectares)
FFB                                                                       1,377                      1,417               (3%)            Total Planted Area                                     111,940            111,240
  FFB Nucleus                                                             1,177                      1,174                 0%            Oil Palm                                                91,759             91,151
  FFB External                                                              201                        243              (18%)              Mature                                                85,198             83,742
CPO (Crude Palm Oil)                                                        294                        306               (4%)              Immature                                               6,561              7,409
 CPO Extraction Rate (%)                                                   21.7                       21.9                               Rubber                                                  16,238             16,074
PK (Palm Kernel)                                                             87                         88               (1%)            Others (mainly cocoa, tea)                               3,943              4,015
 PK Extraction Rate (%)                                                     6.4                        6.3                               As of Dec 31, 2023, oil palm plasma partnership was 32,158 hectares
                                                                                                                                         All figures shown in this page are subject to rounding effect



                                 FFB Nucleus
                                   FFB       Production
                                       Nucleus          (in '000
                                                Production    (in MT)
                                                                  '000 MT)                                                                                                  CPO Production (in '000 MT)

                                           358                                                                          338
                         279
                                          358                 311                                                 338
                                                            311                 253                262                          324                                       98
       226              279                                                   253               262                                                                                      81                                     85        78
       226                                                                                                                                                 74                                                        69
                                                                                                                                                                                                          62
                                                                                                                                            53


      1Q22             2Q22               3Q22              4Q22               1Q23              2Q23               3Q23
      1Q22            2Q22              3Q22              4Q22              1Q23              2Q23              3Q23            4Q23       1Q22          2Q22           3Q22           4Q22              1Q23      2Q23        3Q23      4Q23


Highlights:                                                                                                                            Ikhtisar:

       In FY2023, FFB nucleus production of 1.18 million tonnes                                                                               Pada FY2023, produksi TBS inti sebesar 1,18 juta ton, sama
        was flat to previous year. CPO production declined 4%                                                                                   dibandingkan dengan tahun sebelumnya. Produksi CPO
        yoy to 294 thousand tonnes.                                                                                                             turun 4% yoy menjadi 294 ribu ton.
       Lonsum reported total sales of Rp4.19 trillion, 9% yoy                                                                                 Lonsum mencatat penjualan sebesar Rp4,19 triliun, turun 9%
        lower primarily due to lower average selling prices of                                                                                  yoy terutama karena penurunan harga jual rata-rata produk
        palm products (CPO & PK products) which was partly                                                                                      sawit (CPO & produk PK) yang sebagian diimbangi oleh
        offset by higher sales volume of palm products arising                                                                                  kenaikan volume penjualan produk sawit seiring realisasi
        from the realisation of previous year-end CPO stock.                                                                                    persediaan CPO akhir tahun sebelumnya.
       In FY2023, Lonsum reported gross profit Rp1.15 trillion,                                                                               Pada FY2023, Lonsum mencatat laba bruto sebesar Rp1,15
        operating profit Rp759 billion and core profit Rp927                                                                                    triliun, laba usaha Rp759 miliar dan core profit Rp927 miliar.
        billion.                                                                                                                               Lonsum tidak ada pendanaan melalui utang bank pada
       Lonsum did not have funding through bank loans as of                                                                                    tanggal 31 Desember 2023.
        December 31, 2023.




PT PP London Sumatra Indonesia Tbk
Ariobimo Sentral, 12th Floor
Jl. HR Rasuna Said Blok X-2 Kav.5, Jakarta 12950, Indonesia
investor.relations@londonsumatra.com
www.londonsumatra.com

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