NEWS

DSNG Wood Observed New Wood Product Export Market

KONTAN.CO.ID - JAKARTA.  PT Dharma Satya Nusantara Tbk (DSNG) also engaged on wood product business. Last year, the revenue of the wood product segment contributed 17% of total revenue.

 
President Director of PT Dharma Satya Nusantara Tbk, Andrianto Oetomo, explained that in wood product business, the company has a wood processing factory in Temanggung, Central Java that producing panel and engineered flooring.
 
"Both products are exported and make a positive contribution," explained Andrianto Monday (2/4). Currently the largest market according to him in a country that has four seasons. For wood panels, the largest market is currently in Japan. While the wood floor is in the area of ​​mainland Europe and North America. "The volume of panels increased, while the wood flooring are also organic growth," Andrianto added.
 
In the financial statements of 2017, the Company's net profit  was Rp 585.15 billion, an increase of 133.4% compared to 2016.
 
The strong performance of DSNG last year as a result of  an increase in revenye. In 2017, the company recorded a revenue growth of 34.06% to Rp 5.16 trillion. In 2016, DSNG only recorded sales of Rp 3.88 trillion.
 
Source: Kontan.co.id