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Anglo-Eastern Plantations Plc

(London:AEP)
Contact Information
Anglo-Eastern Plantations Plc
6/7 Queen St., 5th Fl.
London EC4N 1SP, United Kingdom
Tel. +44-20-7236-2838
Fax +44-20-7236-8283

Type: Public
On the web: http://www.angloeastern.co.uk
Employees: 7,869
Employee growth: 5.3%

Anglo-Eastern Plantations owns and is developing approximately 44,000 hectares of land in Indonesia (Bengkulu, North Sumatra, and Riau) and Malaysia on which it cultivates and harvests cocoa, oil palm, and rubber. The company continues to grow as it buys up surrounding plantations, along with the construction of new palm oil mills and the expansion of existing mills. As demand for palm oil increases, the company is planting more oil palms and crude palm oil accounts for most of its sales. Chairman Chan's wife, S.K. Lim controls 50.9% of the company's shares.

Key numbers for fiscal year ending December, 2006:
Sales: $79.1M
One year growth: 23.0%
Net income: $19.8M
Income growth: 37.9%

Officers:
Chairman and CEO: Teik Huat Chan
CFO and Director: Grains & Oilseeds Production
VP Global Alliances and Business Development: E-commerce Software

Competitors:
Hidong Estate
M.P. Evans Group PLC
Sipef

 
 
 

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