20240730_LSIP_Laporan Informasi dan Fakta Material_31689088_lamp2.pdf

                                                                PT PP London Sumatra Indonesia Tbk
                                                                     Ikhtisar 1H2024 Highlights                                                                                                                  July 31, 2024
        Profit or Loss Highlights
                                                                   1H24                       1H23                     ∆
                  (Rp bn)                                                                                                              1H24 Sales Mix                                                       1H23 Sales Mix
    Sales                                                                 1,801                      1,884                 (4%)        Rp1,801 billion                                                      Rp1,884 billion
    Gross Profit                                                            603                        329                  83%
       Gross Profit Margin                                                  33%                        17%
    Operating Profit                                                        613                        118             422%
       Operating Profit Margin                                              34%                         6%
    Profit for the Period                                                   598                        166             261%
    Attributable Profit                                                     598                        167             259%        Palm Products,                                Rubber, 3%           Palm Products,                      Rubber, 3%
                                                                                                                                                                                 Seeds, 1%                 95%
       Attributable Profit Margin                                           33%                         9%                              94%                                                                                               Seeds, 1%
                                                                                                                                                                                 Others, 2%
    Earning per Share (1) (In Rp)                                            88                         24             267%                                                                                                               Others, 1%
    Core Profit (2)                                                         514                        235             119%
    EBITDA (3)                                                              764                        337             127%
      EBITDA (3)Margin                                                      42%                        18%
(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 perio d 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
                                                              30 Jun 2024                31 Dec 2023                                                                                       1H24                1H23          ∆
                (Rp bn)                                                                                                                              ('000 MT)
    TOTAL ASSETS                                                        13,158                     12,514                             CPO                                                         121                  130    (7%)
      Cash & Cash Equivalents                                            4,926                      4,511                             PK Products - PK, PKO, PKE                                   33                   52   (35%)
    TOTAL LIABILITIES                                                    1,479                      1,167
    TOTAL EQUITY                                                        11,679                     11,347
                                                           1H2024                     1H2023                                                                                         1H24                4Q23
  Oil Palm Production Highlights                                                                                                            Nucleus Planted Area
                                                                   1H24                       1H23                     ∆                                                               30 Jun 2024          31 Dec 2023
            ('000 MT)                                                                                                                             (hectares)
FFB                                                                          583                        618             (6%)          Total Planted Area                                     112,710            111,940
  FFB Nucleus                                                                514                        515             (0%)          Oil Palm                                                92,490             91,759
  FFB External                                                                69                        103            (33%)            Mature                                                84,706             85,198
CPO (Crude Palm Oil)                                                         123                        131             (6%)            Immature                                               7,784              6,561
 CPO Extraction Rate (%)                                                    21.5                       21.6                           Rubber                                                  16,238             16,238
PK (Palm Kernel)                                                              36                         38                (6%)       Others (mainly cocoa, tea)                               3,982              3,943
                                                                                                                                      As of June 30, 2024, oil palm plasma partnership was 32,166 hectares
 PK Extraction Rate (%)                                                      6.3                        6.3
                                                                                                                                      All figures shown in this page are subject to rounding effect



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


                                                     338                    324
       253                    262                                                                  245                     269                                                     85                  78
                                                                                                                                             62                 69                                                                   65
                                                                                                                                                                                                                       58




      1Q23                  2Q23                   3Q23                   4Q23                   1Q24                      2Q24           1Q23               2Q23               3Q23                  4Q23         1Q24          2Q24


Highlights:                                                                                                                       Ikhtisar:

        In 1H2024, FFB nucleus production was 514 thousand                                                                            Pada 1H2024, produksi TBS inti sebesar 514 ribu ton,
         tonnes, similar compared to 1H2023. In line with lower                                                                         sama dibandingkan 1H2023. Seiring penurunan TBS dari
         FFB from external, CPO production decreased 6% yoy to                                                                          eksternal, produksi CPO turun 6% yoy menjadi 123 ribu
         123 thousand tonnes.                                                                                                           ton.
        Lonsum reported total sales of Rp1.80 trillion, 4% yoy                                                                        Lonsum mencatat penjualan sebesar Rp1,80 triliun, turun
         lower primarily due to lower sales volume which was                                                                            4% yoy terutama karena penurunan volume penjualan
         partly offset by higher average selling prices of palm                                                                         yang sebagian diimbangi oleh kenaikan harga jual
         products.                                                                                                                      rata-rata produk sawit.
        In 1H2024, gross profit was up 83% yoy to Rp603 billion,                                                                      Pada 1H2024, laba bruto naik 83% yoy menjadi
         operating profit was up 422% yoy to Rp613 billion and                                                                          Rp603 miliar, laba usaha naik 422% menjadi Rp613 miliar
         core profit was up 119% yoy to Rp514 billion.                                                                                  dan core profit naik 119% yoy menjadi Rp514 miliar.
        Profit for the period attributable to owners of the                                                                           Laba periode berjalan yang dapat diatribusikan kepada
         parent increased 259% yoy to Rp598 billion, primarily                                                                          pemilik entitas induk meningkat 259% yoy menjadi
         due to higher operating profit.                                                                                                Rp598 miliar, terutama karena kenaikan laba usaha.
        Lonsum did not have funding through bank loans as of                                                                          Lonsum tidak ada pendanaan melalui utang bank pada
         June 30, 2024.                                                                                                                 tanggal 30 Juni 2024.



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