“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Saturday, May 03, 2008

Bakrie Sumatera Plantations Q1 profit jumps 794 percent

Novia D. Rulistia, The Jakarta Post, Jakarta | Fri, 05/02/2008 1:33 PM

The country's fifth-largest plantation owner by value, PT Bakrie Sumatera Plantations, booked a 794 percent increase in its first quarter net profit helped by stronger prices of palm oil.

President director Ambono Janurianto said Wednesday the firm's net profit had reached Rp 165 billion (around US$18 million) by the end of March this year, jumping from Rp 18.5 billion in the same period last year.

PALM OIL CONTROVERSY - Palm oil trees at Pangkalan Kerinci in Riau, Central Sumatra, Indonesia, on Thursday. A WWF study found that deforestation, in many cases to plant biofuel friendly palm oil plants, in central Sumatra's Riau Province over the past 25 years has generated 3.7 gigatons of carbon dioxide. (AP/Achmad Ibrahim)

He said sales in the first three months climbed to Rp 678 billion from Rp 264 billion and that its operational income reached Rp 222 billion from Rp 70 billion a year earlier."This indicates that we're going to be very strong in growth this year, both in land ownership and net profit," he said.

Ambono said the company expected to acquire 200,000 hectares of land by the end of 2011. Currently, the company has a total 106,000 hectares of planted land, up from 52,000 hectares at the end of 2007.

For this year's strategies, the company has set aside US$100 million in cash, $40 million of which will be used to buy a further 26 percent of PT Agri Resources BV (ARBV).

"We plan to increase our share in ARBV from the current 25 percent to 51 percent," Ambono said.

He said 25 million of the fund would be used for the company's capital expenditure worth $25 million, with the remaining cash to finance its joint venture company with Bakrie Sentosa Persada, called PT Indo Green International, in its efforts to turn 50,000 hectares of empty land into CPO plantations.

He said the strategies would help the company increase CPO production to 340,000 tons this year, an 88.8 percent increase from 180,000 tons in 2007, and that Bakrie's rubber production would reach 40,000 tons this year, up from 29,500 tons last year.

The company's total 2008 revenue is targeted to reach Rp 3.5 trillion.

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