Indonesia Fibreboard Industry Tbk 2021 AR2
The report highlights PT Indonesia Fibreboard Industry Tbk's performance and strategic initiatives in 2021. Despite the ongoing challenges of the COVID-19 pandemic, the company achieved positive growth, with net sales increasing by 4.77% to Rp714,582 million and net profit rising by 11.91% to Rp82,349 million. To mitigate high export shipping costs and container shortages, the company successfully shifted its focus toward the domestic market. Additionally, the company commenced the construction of an additional MDF production facility to expand its capacity from 250,000 m3/year to approximately 450,000 m3/year, with completion expected in 2023.
Company: Indonesia Fibreboard Industry Tbk
Sector: Manufacturing
Country: Indonesia
Year: 2021
Type: AR2
Pages: 323
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Indonesia Fibreboard Industry Tbk
Annual Report
The report highlights PT Indonesia Fibreboard Industry Tbk's performance and strategic initiatives in 2021. Despite the ongoing challenges of the COVID-19 pandemic, the company achieved positive growth, with net sales increasing by 4.77% to Rp714,582 million and net profit rising by 11.91% to Rp82,349 million. To mitigate high export shipping costs and container shortages, the company successfully shifted its focus toward the domestic market. Additionally, the company commenced the construction of an additional MDF production facility to expand its capacity from 250,000 m3/year to approximately 450,000 m3/year, with completion expected in 2023.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees