PT Sumber Tani Agung Resources Tbk (STAA.JK)
PT Sumber Tani Agung Resources Tbk operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Medan, SU, ID. The stock last traded at $1185.00, down 0.84% on the session, giving a market capitalisation of $12.92T. Its beta of -0.23 implies it has historically moved less than the broad market.
Operating within Indonesia, PT Sumber Tani Agung Resources Tbk focuses on the complete lifecycle of oil palm, encompassing cultivation, planting, and harvesting. The company further processes fresh fruit bunches (FFB) to produce a variety of palm-derived products, including crude palm oil (CPO), palm kernel, palm kernel oil, palm kernel expeller, and palm kernel meal. By December 2021, its extensive asset base comprised 13 oil palm estates, 9 palm oil processing facilities, a kernel crushing plant, and a solvent extraction plant. These operations are situated across North Sumatra, South Sumatra, West Kalimantan, and Central Kalimantan. Established in 1970, PT Sumber Tani Agung Resources Tbk maintains its corporate headquarters in Medan, Indonesia.
PT Sumber Tani Agung Resources Tbk is most often compared with the following Consumer Defensive names: