{
    "success": true,
    "data": {
        "id": 1550531,
        "msgid": "indorayons-sales-plunge-1447893297",
        "date": "1997-07-02 00:00:00",
        "title": "Indorayon's sales plunge",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Indorayon's sales plunge JAKARTA (JP): Publicly listed PT Indorayon Inti Utama yesterday reported a steep fall in its pulp and rayon sales to Rp 331.10 billion (US$135.6 million) last year from Rp 629.7 billion in 1995. Indorayon's Director P. Daritan said in Medan that the sales turnover drop was caused by a market glut last year which sent pulp prices plunging to an average $320 a ton.",
        "content": "<p>Indorayon's sales plunge<\/p>\n<p>JAKARTA (JP): Publicly listed PT Indorayon Inti Utama<br>\nyesterday reported a steep fall in its pulp and rayon sales to Rp<br>\n331.10 billion (US$135.6 million) last year from Rp 629.7 billion<br>\nin 1995.<\/p>\n<p>Indorayon's Director P. Daritan said in Medan that the sales<br>\nturnover drop was caused by a market glut last year which sent<br>\npulp prices plunging to an average $320 a ton.<\/p>\n<p>Daritan was quoted by Antara as saying after Indorayon's<br>\nshareholders meeting that the company's net profit also fell<br>\nsharply last year to Rp 49.34 billion from Rp 268.36 billion.<\/p>\n<p>He said that shareholders had agreed to make changes to<br>\nmanagement to improve the firm's performance.<\/p>\n<p>Daritan said Roland Mazery had replaced Polar Yanto Tanoto as<br>\npresident, Herbin Darlin was appointed general manager and<br>\nSamadikun Hardjodarsono was appointed commissioner. (25)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indorayons-sales-plunge-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}