PT Sinar Mas Agro Resources and Technology Tbk announced consolidated earnings results for first quarter ended March 31, 2018. For the quarter, the company reported net sales of IDR 8,487,098 million, profit from operations of IDR 226,976 million, profit before tax of IDR 12,809 million, total net profit attributable to owners of the company of IDR 82,021 million or IDR 28 per basic share, net cash used in operating activities was IDR 453,932 million, acquisition of plantations fixed assets of IDR 4,312 million compared to the net sales of IDR 9,210,838 million, profit from operations of IDR 359,417 million, profit before tax of IDR 430,076 million, total net profit attributable to owners of the company of IDR 352,930 million or IDR 123 per basic share, net cash used in operating activities of IDR 2,214,109 million, acquisition of plantations fixed assets of IDR 1,039 million for the same quarter a year ago.