First Half 2006: Fajar Surya Wisesa
Listed paper board manufacturer PT Fajar Surya Wisesa Tbk booked net profit of Rp77 billion in H1 2006 against net loss of Rp0.37 billion in H1 2005 despite lower margin.
Fajar Surya (Fajar Paper) booked net sales of Rp777 billion, a 10% growth from Rp700bn in H1 2005. But higher production & operation costs cut significantly Fajar's operating profit from Rp81.9bn to Rp70bn. Fajar gained Rp69bn from forex translation and this is why Fajar booked net profit.
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Fajar Surya (Fajar Paper) booked net sales of Rp777 billion, a 10% growth from Rp700bn in H1 2005. But higher production & operation costs cut significantly Fajar's operating profit from Rp81.9bn to Rp70bn. Fajar gained Rp69bn from forex translation and this is why Fajar booked net profit.
READ MORE!!!
posted by yosef at 12:13 PM
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