Plantation firm Dharma Satya Nusantara (DSNG) booked a net profit of Rp477 billion in 2020, jumped 164.9% from Rp180 billion in 2019, thanks to a 36% cut in finance costs. Its profit margin was 7.1%, compared to 3.1% in 2019. Revenues grew 16.8% year on year (y/y) to Rp6.69 trillion, but the cost of revenue also rose 14% to Rp4.95 trillion.
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