Perusahaan Perkebunan London Sumatra Indonesia (LSIP IJ)
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Analysis
Consumer Staples • Indonesia
PT Perusahaan Perkebunan London Sumatra Indonesia Tbk (Lonsum) is an Indonesian agro-industrial company specializing in plant breeding, cultivation, harvesting, processing, and selling palm oil, rubber, cocoa, and tea products. Its estates cover over 110,000 hectares across Sumatra, Java, Kalimantan, and Sulawesi. The company was established in 1906 and is headquartered in Jakarta, Indonesia.
A meeting with Nielsen Indonesia in Jakarta last week revealed some positive signs of a recovery in consumer activity. After a nervous start to the...