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Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
37
between 4-9 years. Low crop production
patterns in PTNJL had further contributed
to the decline in the Group’s average yields.
Purchase of third-party crops also reduced
to 40,257 MT to 49,902 MT.
CPO and CPKO production during the year
under review were 40,934 MT and 1,035 MT
respectively (FYE2019: 47,966 MT and 4,434
MT respectively) in line with the decline in
FFB production and lower third-party
crops purchased. PTNJL could
not produce nor affect any CPKO
sales in the first three quarters of
FYE2020 due to
issues related
to the plant’s
operating license
thus resulting
in a significant
73.6% decline
Malaysia Palm Oil Trade Statistics
April 2019 to March 2020
Export (MT) Import (MT)
April
1,654,499
62,112
May
1,715,719
61,789
June
1,397,140
101,250
July
1,486,485
40,069
August
1,736,300
51,055
September
1,409,089
71,112
October
1,641,973
85,034
November
1,405,638
74,684
December
1,396,157
123,029
January
1,213,539
85,033
February
1,082,417
66,735
March
1,184,702
79,216
Source: MPOC
in the quantity of CPKO sold y-o-y. The
average CPO and CPKO price recorded
last year improved to RM2,073 (FYE2019:
RM1,921) and RM3,242 (FYE2019: RM3,015)
per MT, respectively. The Group’s average oil
extraction (“OER”) was 21.68% compared to
22.34% registered in the last financial year.
1
5
2
4
3
No.
1
in
Productivity
Oil palm has the highest
yield per hectare among
the vegetable oil seed
crops. It uses 7% of the world’s
oil farming land and accounts for 32%
of production
Source: Oil World, 2016
Palm Oil
contains ZERO
transfat and high in tocotrienol
Employment
The industry supports
3
million job opportunities,
including 650,000 smallholders in Malaysia
2x
the Oil
2
different oils can be produced
- crude palm oil from the palm
mesocarp and crude palm
kernel oil from the palm kernel
Continuous
Innovation
Industrial Revolution
4.0
technologies such as Internet of
Things, Blockchain, Big Data and
Drone applications are actively
applied in its management systems
Source: MPOC
PalmOil in Numbers
plantation Division : taking root