Paper producer Fajar Surya Wisesa (FASW), which was linked to the family of Airlangga Hartarto (coordinating minister for the economy, chairman of Golkar Party), but then majority acquired by Siam Cement Group (Thailand), suffered loss of Rp626 billion in 2023, against profit of Rp120 billion in 2022, as sales fell 29.3% year on year (y/y) to Rp7.72 trillion.To subscribe please click here
