FGV HOLDINGS BERHAD | ANNUAL INTEGRATED REPORT 2023 51 GROUP BUSINESS REVIEW Overview Our Upstream segment manages an extensive landbank of 438,867 Ha, with a total planted area including oil palm, rubber, and other crops of 344,472 Ha, located across Malaysia and Indonesia. As one of the global CPO producers, we contribute 3% to the world's CPO production through our 66 mills in Malaysia. 2021 2022 20231 Malaysia Ha Ha Ha - Peninsular 252,451 252,606 252,350 - Sabah & Sarawak 163,856 163,866 163,939 Indonesia 22,578 22,578 22,5782 TOTAL LANDBANK 438,885 439,051 438,867 Planted Areas for Oil Palm 336,315 334,075 333,765 - Immature 56,660 51,268 63,279 - Mature 279,655 282,807 270,486 Planted Areas for Rubber 7,668 7,204 7,203 - Immature 3,631 3000 2,804 - Mature 4,037 4,203 4,399 Planted Areas for Other Crops 3,352 3,435 3,504 - Immature 3,111 3,151 3,123 - Mature 241 284 381 TOTAL PLANTED AREA 347,335 344,714 344,472 OPERATIONAL PERFORMANCE 1 The 2023 hectarage includes our operation in Indonesia 2 The Indonesian operation was divested in November 2023 3 Based on the mature area following the completion of the rehabilitation * Based on the latest restated amounts FFB Production (Million MT) 3.64 3.99 3.98 2023 2022 2021 FFB Yield3 (MT/Ha) 13.60 14.57 14.40 2023 2022 2021 FFB Processed (Million MT) 12.69 14.25 13.04 2023 2022 2021 CPO Production (Million MT) 2.62 2.90 2.68 2023 2022 2021 CPO Cost Ex-Mill (RM/MT) 2,761 2,144 1,801* 2023 2022 2021 Utilisation Factor (%) 67 71 65 2023 2022 2021 OER (%) 20.68 20.35 20.54 2023 2022 2021 KER (%) 5.02 5.06 5.04 2023 2022 2021 UPSTREAM
RkJQdWJsaXNoZXIy NDgzMzc=