Paper producer Suparma (SPMA) booked net profit of Rp32 billion in first nine months (9M) of 2018 period, dropped 45.5% from Rp60 billion in the corresponding period of 2018, mainly due to foreign exchange (forex) loss that reached Rp74 billion, compared to Rp3.4 billion loss only a previous year.

While revenues rose 11.2% to Rp1.69 trillion and operating profit jumped 35.6% to Rp159 billion. SPMA has liability of Rp967 billion while assets was Rp2.17 trillion per September 2018.