PT Cisadane Sawit Raya Tbk - CSRA

PT Cisadane Sawit Raya was established on 28 October 1983 by the former Mr. Rudi Suhenda and former Mrs. Johanna Wirjoprawiro, who had been business partners for more than 25 years. Mr. Rudi Suhenda had an extensive background in the palm oil trade and palm oil-based soap productions. On the other side, Mrs. Johanna Wirjoprawiro had years of experience in trading. In September 2019, the shareholders agreed to change the Company into a publicly listed company and made an initial public offering of shares on January 2020 with ticker code CSRA. Cisadane Sawit Raya Tbk. has developed palm oil plantations in Labuhan Batu District, North Sumatra. The first palm oil tree was planted in 1990 in Sei Tampang, Negeri Lama. The Company also has a Palm Oil Mill (POM) in the plantation area which began operating in 2007 with a capacity of 60 tons per hour to process fresh fruit bunches (FFB) into crude palm oil (CPO). The Company currently has six subsidiary entities, the majority of which were...