JAKARTA (Yosefardi) – State forest company Perum Perhutani booked net profit of Rp380 billion in 2014, jumped by 83.5% from Rp207 billion in 2013, thanks to the consolidation effort, Investor Daily reported this morning.
Perhutani maintains its profit trend in the past 4 years. It booked net profit of Rp149 billion in 2011 and Rp156 billion in 2010.
The company booked revenue of Rp4.6 trillion in 2014. It allocates Rp520 billion for capital expenditure (capex) this year.
Perhutani is now holding company for state forest companies such as PT Inhutani I, II, III, IV, V, PT Perhutani Anugerah Kimia, PT Palawi Risorsis, and PT BUMN HL.