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Fajar Wisesa reported a positive performance in Q1 2021

28 April 2021 11:33

JAKARTA. PT Fajar Surya Wisesa Tbk (FASW) has recorded an impressive performance in Q1 2021 with a positive gain in its net profit of IDR 196.18 billion.

The financial report of Q1 2021 revealed that the sales of this paper manufacturer reached IDR 2.63 trillion, growing from IDR 1.99 trillion in Q1 2020.

With its growing sales, the company has to deal with the increasing costs of goods sold and other expenses, thus ending up with a net profit of IDR 196.18 billion. It was such a positive surge, considering last year, the company still suffered from losses. (AM/ZH)

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