The average age profile of our oil
palms is approximately 14 years.
As part of our yield improvement
efforts, we replanted 2,200 ha
using clonal and semi-clonal
planting materials comprising
700 ha in Peninsular Malaysia and
1,500 ha in Sabah.
Fresh fruit bunches (FFB)
production was stable at
1,037,000 MT for 2015. Yield per
ha recorded an improvement to
17.6 MT per ha from 16.2 last year.
With a total processing capacity
of 425 MT FFB per hour, we
processed 1,120,000 MT, of which
87% comprised fruits from our
own estates. This was a slight
reduction compared with 2014’s
volume of 1,135,000 MT.
Our FFB production costs
averaged at RM297 per MT
(2014: RM306) due to effective
cost control measures, while
milling costs increased by 5% to
RM67 per MT FFB as a result of
higher operational costs. Palm oil
production cost stood at RM1,471
per MT compared with RM1,435
last year.
CPO production of 245,000 MT
was marginally lower compared
with
the
previous
year’s
production of 247,000 MT as a
result of the lower FFB processed.
Applied Agricultural Resources Sdn Bhd in Kota Damansara
RM2.18
billion
RM3.29
billion
RM2.30
billion
RM3.30
billion
Palm kernel production stood
at 51,000 MT, lower than last
year’s production of 52,000 MT
while our average palm kernel
extraction rate increased to 4.6%
compared with 2014’s average of
4.5%. However, it was lower than
MPOB’s national average of 5.04%.
This is mainly due to smaller nuts
in the FFB fruit composition given
the selected characteristic of our
planting material.
In alleviating labour shortage
issues as well as rising costs,
we continued with efforts to
mechanise our field operations.
Controlled droplet applicators
and power sprayers were utilised
to address weeds, pests and
diseases while we used ‘very
low volume’ knapsack sprayers
and ‘ultra low volume’ spraying
equipment to increase workforce
productivity. In terms of fertiliser
application, mechanical spreaders
were utilised. As for in-field FFB
collection, we employed a mini-
tractor and grabber system where
feasible.
In addition, our utilisation of
mechanised harvesting tools
continued to be effective in
scaling down labour dependence
and increasing productivity in
the harvesting of medium height
palms up to six metres.
NET
ASSETS
TOTAL
ASSETS
2014
2015
Average oil extraction rate
(OER) for the Group on the other
hand was maintained at 21.9%
compared with 21.8% attained
in 2014, making it higher than
the Malaysian Palm Oil Board’s
(MPOB) national average of
20.45%.
an n ual repo rt 2015
13
