Indonesia Fibreboard Industry Tbk 2020 AR2
The report highlights PT Indonesia Fibreboard Industry Tbk's performance in 2020, during which the company achieved a 1.84% increase in net sales to Rp682,021 million and a 24.16% increase in net profit to Rp73,586 million despite the COVID-19 pandemic. The company capitalized on strong export demand from the Middle East and Japan for its Medium Density Fibreboard (MDF) products. Additionally, the company welcomed three Japanese wood-business companies as new shareholders to strengthen its export market and foster business synergies. PT Indonesia Fibreboard Industry Tbk also demonstrated its commitment to sustainability through various corporate social responsibility programs in environmental conservation, community development, and employee welfare.
Company: Indonesia Fibreboard Industry Tbk
Sector: Manufacturing
Country: Indonesia
Year: 2020
Type: AR2
Pages: 274
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Indonesia Fibreboard Industry Tbk
Annual Report
The report highlights PT Indonesia Fibreboard Industry Tbk's performance in 2020, during which the company achieved a 1.84% increase in net sales to Rp682,021 million and a 24.16% increase in net profit to Rp73,586 million despite the COVID-19 pandemic. The company capitalized on strong export demand from the Middle East and Japan for its Medium Density Fibreboard (MDF) products. Additionally, the company welcomed three Japanese wood-business companies as new shareholders to strengthen its export market and foster business synergies. PT Indonesia Fibreboard Industry Tbk also demonstrated its commitment to sustainability through various corporate social responsibility programs in environmental conservation, community development, and employee welfare.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees