Asia Plantation Capital announced an almost 50% rise in turnover for its financial year of 2013. Achieving a new revenue peak of $53.5 million, the company attributes this to a corporate strategy of ensuring all plantations projects it invests in and undertakes will deliver high value end market products.

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Asia Plantation Capital reports 50% rise in turnover

Sep 17, 2014. /Lesprom Network/. Asia Plantation Capital announced an almost 50% rise in turnover for its financial year of 2013.Achieving a new revenue peak of $53.5 million, Asia Plantation Capital attributes this to a corporate strategy of ensuring all plantations projects it invests in and undertakes will deliver high value end market products, as the company said in the press release received by Lesprom Network.

Another company record figure of $6 million in repayments was made to stakeholders on the company's various agroforestry plantation projects last year. This figure is projected to continue rising over the coming years with more of its plantation species reaching maturity.

Also achieved during the year, are the continued harvesting and production of Oud (Agarwood Oil) from the company's managed, Agarwood plantations. During 2013 and to date (May 2014), the company has been achieving its yield targets for its trees, with an average and consistent yield over 2 Tolas (24ml) per tree; with over 12500 Tola successfully produced during the period, creating a milestone for the company.

Asia Plantation Capital continues to aggressively invest in its plantations, implementing the latest processing and production systems technologies. The company leverages leading engineering specialists and researchers in Thailand to advise on improvements across all sectors of the company's plantation operations; continuing its policy of working with various Universities on key research projects related to its activities.

"Asia Plantation Capital continues to deliver outstanding results for our investors. Despite many challenging factors within the sector, we have consistently continued to grow and strengthen our position in the market. Our philosophy of constantly investing in our plantations projects through the introduction of the latest proven techniques and technology, together with strong operational management, has reaped substantial rewards over the years," said Mr. Barry Rawlinson, CEO, Asia Plantation Capital."As we find new opportunities and markets, we will ensure that what we plant is sustainable, produces end products that are of high value and contributes to the community," added Mr. Rawlinson.

Asia Plantation Capital is an owner and operator of a diverse range of commercial plantation and farming businesses across the Asia-Pacific region, and globally, part of the Asia Plantation Capital Group of associated companies.