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STAA Reports Higher Revenue in First Half of 2026 Despite Lower Palm Oil Production
['August', 'Wib']
Palmoilmagazine.com
Production Declines on Seasonal FactorsFFB production totaled 478,244 metric tons during January-June 2026, down 7.2% from the same period a year earlier.
Nucleus estate yields averaged 10.3 metric tons per hectare, down 11.8%, while plasma estate productivity reached 8.9 metric tons per hectare, a 5.0% decline from the first half of 2025.
Consequently, CPO production declined 16.8% to 176,344 metric tons, while palm kernel (PK) output dropped 19.1% to 38,962 metric tons.
Palm kernel sales edged down 1.7% to 16,011 metric tons, while crude palm kernel oil (CPKO) sales declined 19.9% year-on-year to 22,642 metric tons.
Higher Selling Prices Support RevenueThe company also benefited from stronger average selling prices across its key products.