SAMF’s Performance is Getting Fantastic in Q3/2022

PT Saraswanti Anugerah Makmur Tbk (SAMF), an issuer engaged in the production and distribution of NPK fertilizers, again posted fantastic sales figures in Q3/2022, which amounted to Rp2.45 trillion, or an increase of almost 2 times compared to Q3/2021, namely IDR 1.25 trillion. This shows that SAMF continues to consistently show exponential growth.

Besides the sales, the Q3/2022 SAMF’s net profit increased to Rp228.42 billion, almost 2.34 times compared to the Q3/2021 period of Rp97.73 billion. Meanwhile, assets reached Rp2.80 trillion, with liabilities of Rp1.80 trillion and equity of Rp1.00 trillion.

This achievement made Ir. Yahya Taufik, President Director of SAMF is confident and optimistic that the sales target for 2022 that has been announced previously, which is Rp2.88 trillion, will be achieved and may even be exceeded.

Ir. Yahya Taufik explained that there are several factors that support SAMF to achieve this target. “This optimism is in line with the increasing demand for SAMF fertilizer and the high selling price of fertilizer.” Add Ir. Yahya Taufik.

Currently, the national oil palm planters who make up the majority of SAMF’s fertilizer customers are in the fertilization process phase, so the demand for fertilizer from SAMF is increasingly unstoppable.

In the midst of unstable global economic conditions, SAMF always strives to maintain the company’s performance so that it continues to grow. In the midst of concerns about the availability of raw materials for fertilizers, SAMF continues to strive and is committed to obtaining a guaranteed supply of raw material availability so that fertilizer production can meet increasing market demand.

For more information:
PT Saraswanti Anugerah Makmur Tbk
corsec@saraswanti.com
investor.relation@saraswanti.com