PT Eagle High Plantations Tbk (“EHP”) held an Investor Day event which was attended by analysts on May 16th, 2023 at the St. Regis Hotel, Rajawali Place, Jl. H.R. Rasuna Said, South Jakarta. Present at the event were President Director Henderi Djunaidi, Director Andrew Haryono, Director Yeoh Lean Khai, and Investor Relations Choong Kam Loong.
In this event, Mr. Henderi Djunaidi explained the growth of the EHP business in the last few years, which has managed to achieve an all-time high record, as well as the Company’s future growth plans. In Q1, the increase of CPO and PK production reached 53% and 52% YoY, respectively.
In his presentation, Mr. Djunaidi also explained that EHP's growth held the first position for palm oil listed companies that experienced the highest growth rate in the first quarter of 2023, according to what was reported by Bisnis.com. EHP recorded revenue of IDR 1T, up 40.48% compared to the same period the previous year.
In line with its growth plans, EHP also plans to continue adding its RSPO and ISPO certifications to ensure sustainable growth.
EHP believes that by continuing to maintain its performance, EHP will be able to record double digit growth in the coming years and reduce bank loans by double digit as well.