Fajar Surya Strengthens Domestic Market: http://www.beritasatu.com/pasar-modal/334875-fajar-surya-perkuat-pasar-domestik.html/22 December 2015 PT. Fajar Surya Wisesa Tbk (FASW) chose to focus on maintaining domestic market share of 30% in 2016, compared to increase the share of exports only reached 15% of total revenue. This strategy offset the toughest rival; PT. Indah Kiat Pulp & Paper Tbk (INKP) is also holding a 30% market share in Indonesia.
Director of Fajar Surya, Justin Kusumah said he is optimistic that sales will increase next year, because the paper products company is directly related to the consumer goods industry. Her customers come from major companies such as Unilever and Indofood.
"Prediction of consumer goods companies next year, food and beverage products will grow 5%, and this will cause the volume to increase as prices are now quite good. We estimate in the first quarter of 2016 there was an increase in sales of 15%," he explained.
Moreover, he continued, Fajar Surya is the only producer of paper for consumer goods that have certification from the Forest Stewardship Council (FSC). That is, the company which raw materials are 100% recycled paper that is guaranteed not involved in illegal logging.
2018, Fajar Surya (FASW) Targeting Revenue Growth Up to 10%: http://market.bisnis.com/read/20171129/192/713931/2018-fajar-surya-fasw-incar-pertumbuhan-pendapatan-hingga-10/29 November 2017 Issuer of paper, PT Fajar Surya Wisesa Tbk. (FASW) projected revenues in 2018 to grow by 8% - 10%. Corporate Secretary of Fajar Surya Wisesa, Marco Hardy is optimistic that next year's economic condition will be more stable compared to this year. The revenue growth will be around 8% -10% next year. Earnings will remain the same in percentage, still below 10%.
By the end of 2016, revenues earned by FASW reached Rp.5.9 trillion. He is optimistic, this year's revenue will also grow about 8% -10% or around Rp.6,5 trillion until the end of the year. As of September 2017, net sales reached Rp.4.9 trillion, up 8.1% from Rp.4.54 trillion in the same period a year earlier. Profit obtained until September 2017 reached Rp.278, 78 billion, down 58.2% from the position of Rp.686, 63 billion in the same period the previous year.
HS No. 4819.50.00.00
1 July 2019
Trade Data 2018
Definition
Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibres; boxes files, letter trays, and similar articles, of paper or paperboard of a kind used in office, shops or the like. Other packing containers, including record sleeves.