Astra Agro Lestari, the plantation unit of PT Astra International, is planning to expand its business into poultry feed, said CEO Widya Wiryawan.
The plan is to acquire a poultry feed firm in East Java. The company is targeting 15.8 trillion rupiah in revenue this year, up 25% from last year’s 12.67 trillion rupiah.
Revenue in the first half of this year reached 8 trillion rupiah, up 5.4 trillion rupiah a year earlier.
10.000 rupiah = US$ 0.83
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