JAKARTA (Yosefardi) – Paper producer PT Fajar Surya Wisesa Tbk (FASW), Fajar Paper, booked net profit of Rp86.74 billion in 2014, against loss of Rp249.06 billion in 2013.
Net sales increased 9.9% to Rp5.45 trillion from previous Rp4.96 trillion. Export sales was Rp761.23 billion.
Selling expenses rose 15.3% to Rp202.87 billion while financial charges declined 2.8% to Rp136.95 billion.
The company’s assets reached Rp5.58 trillion while liability amounted Rp3.93 trillion.