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PT Perkebunan Nusantara Xi (Indonesia)

Main Activities: Sugarcane Farming
Full name: PT Perkebunan Nusantara Xi Profile Updated: November 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Perkebunan Nusantara XI is primarily engaged in sugarcane farm activity. Its headquarters is located in Jawa Timur. The company was founded in 1996. Perkebunan Nusantara XI, often abbreviated as PTPN XI, is a state-owned enterprise in Indonesia, focusing on the cultivation and processing of sugarcane. The company was established as part of the Indonesian government's efforts to consolidate and improve the efficiency of the nation's plantation sector. PTPN XI operates primarily in the East Java region, where it manages several sugar mills and plantations. The company's primary business line is the production of sugar, with a secondary focus on by-products such as molasses and bagasse, which are used in various industries including bioenergy and animal feed. PTPN XI is known for its brands of sugar products, which are distributed across Indonesia. PTPN XI has a significant local footprint with numerous branches and operational facilities spread throughout East Java. The company plays a crucial role in supporting the local economy by providing employment opportunities and contributing to regional development. In terms of global reach, PTPN XI primarily serves the domestic market but also explores opportunities for export, particularly to neighboring countries in Southeast Asia. The company is part of the larger PTPN Group, which includes several other plantation companies under the Ministry of State-Owned Enterprises in Indonesia. This corporate structure allows for shared resources and strategic collaborations within the group. PTPN XI is committed to sustainable agricultural practices and aims to enhance its production efficiency while minimizing environmental impact. The company's mission is to support national food security and contribute to the welfare of the Indonesian people through sustainable plantation management.

Headquarters
RT 02 RW 10
Surabaya; East Java; Postal Code: 60175

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Website: http://www.ptpn-11.com

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 14, 1996
Key Executives
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President Commissioner
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Director
Ownership Details
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90%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net sales revenue
9.67%
Total operating revenue
9.67%
Total assets
13.35%

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