Planting Operations
As at 31 December 2023, the Group had a total planted area of 34,856 hectares (2022: 34,856 hectares) out of a total area of 39,103 hectares. Of the total planted area, approximately 93% or 32,367 hectares (2022: 32,135 hectares) were mature areas, with the average age of 16.9 years (2022: 16.6 years). The Group recorded a 8.4% increase in FFB yield of 19.70 tonnes per hectare (2022: 18.17 tonnes per hectare).
| Hectares | |
| Immature | 2,489 |
| 30 months to 7 years | 4,577 |
| > 7 years to 17 years | 11,394 |
| > 17 years | 16,396 |
| TOTAL PLANTED - OIL PALM | 34,856 |
| Immature - Other Crops | 146 |
| TOTAL PLANTED AREA | 35,002 |
| Reserves Plantable | 113 |
| Buildings, Roads, Reserves, etc | 3,988 |
| TOTAL AREA | 39,103 |
For FY2023, the Group had 2,489 hectares of immature of oil palm out of which 832 hectares are expected to mature in 2024. The Group replanted 829 hectares during the 2023 financial year. The Group’s FFB production increased by 9.2% to 637,719 tonnes (2022: 583,943 tonnes).
Area Statement of the Group as of 31 December 2023 was as follows:
| Total Area (Hectares) | Planted Area (Hectares) | Mature Area (Hectares) | Percentage of Mature Area | |
| JGOE (i) | 14,117 | * 12,808 | 11,943 | 93.2% |
| TMGOE (ii) | 12,806 | ** 11,863 | 11,211 | 94.5% |
| SSGOE (iii) | 9,907 | 8,743 | 7,625 | 87.2% |
| Ladang Kawa | 100 | 100 | 100 | 100.0% |
| Pelipikan | 1,365 | 903 | 903 | 100.0% |
| Kota Marudua | *** 808 | 585 | 585 | 100.0% |
| TOTAL | 39,103 | 35,002 | 32,367 | 92.5% |
| (i) | JGOE refers to Jeroco group of estates |
| (ii) | TMGOE refers to Tomanggong group of estates |
| (iii) | SSGOE refers to Sungai Segama group of estates |
| * | Including 86 hectares planted with Jelutong trees |
| ** | Including 60 hectares planted with Sepat trees |
| *** | Including 81 hectares of land adjoining to the existing land of which the land title is currently under application |