date:Feb 19, 2016
owed a somewhat variable production pattern in the first month of the new year, with mature plantations producing larger or smaller volumes than last year, depending on their location, the group said.
Some of its rubber operations, in South Sumatra, had already succumbed to drought effects, with output down 28% year on year during the October-to-December quarter.
Sipef reported a 60% drop to $21.1m in earnings for last year, on revenues cut 21% to $225.9m by lower palm oil and rubber prices.