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 Rp436 billion in the first nine months (9M) to September of 2023, against profit of Rp352 billion in the corresponding period of 2022, as sales fell 35% year on year (y/y) to Rp5.74 trillion.To subscribe please click here
