{
    "success": true,
    "data": {
        "id": 1007479,
        "msgid": "state-forest-firm-books-sharp-rise-in-net-profit-1447893297",
        "date": "1994-06-21 00:00:00",
        "title": "State forest firm books sharp rise in net profit",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "State forest firm books sharp rise in net profit JAKARTA (JP): The after-tax profits of the state-owned Perhutani forestry company rose by 168 percent from Rp 24.1 billion in 1992 to Rp 64.6 billion (US$30.76 million) in 1993, the company said yesterday.",
        "content": "<p>State forest firm books sharp rise in net profit<\/p>\n<p>JAKARTA (JP): The after-tax profits of the state-owned<br>\nPerhutani forestry company rose by 168 percent from Rp 24.1<br>\nbillion in 1992 to Rp 64.6 billion (US$30.76 million) in 1993,<br>\nthe company said yesterday.<\/p>\n<p>The president of Perhutani, Harnanto H.M.,  said in a hearing<br>\nwith the House of Representatives (DPR) yesterday that the 1993<br>\nbalance sheet is still being audited by the Government Audit<br>\nAgency (BPKP), but preliminary estimates put its net profits at<br>\nRp 64.6 billion.<\/p>\n<p>\"BPKP has almost always approved Perhutani's financial reports<br>\nwithout reservations,\" Harnanto said, referring to the<br>\nreliability of the company's balance sheet.<\/p>\n<p>Perhutani administers and manages the entire 2.55 million<br>\nhectares of forest in Java, except that in Yogyakarta.<\/p>\n<p>Harnanto told members of the House's Commission IV, dealing<br>\nwith forestry and agricultural affairs, that Perhutani's total<br>\nrevenues rose from Rp 320 billion in 1992 to Rp 421.3 billion in<br>\n1993.<\/p>\n<p>He said that in the near future, Perhutani will place more<br>\nattention on human resources development and diversify its<br>\nforest-based products to include honey, silk, resin of certain<br>\ntrees -- the gandarukem (a tree that provides resin used for<br>\ncaulking and soap), getah damar, getah pinus and other trees --<br>\nas well as eco-tourism.<\/p>\n<p>\"Perhutani is looking for cooperation with private companies<br>\nto promote forest tourism,\" he said, adding that based on the<br>\npresent situation, Perhutani has some 200 potential tourist<br>\nresorts.<\/p>\n<p>Thirteen members of the commission, however, raised dozens of<br>\nquestions and suggested that the state-owned company emphasize<br>\nits prosperity-approach programs to help the people living near<br>\nthe forests.<\/p>\n<p>Deforestation<\/p>\n<p>Djasman Ismail of the Armed Forces faction (ABRI) and Yunus<br>\nKardi of the Golongan Karya faction (FKP) said that deforestation<br>\nhas occurred in some teak forests in Cirebon, Majalengka and<br>\nCikampek, all in West Java, to make way for real estate<br>\ndevelopment.<\/p>\n<p>Djasman reminded Perhutani that only 22.8 percent of the<br>\ndensely populated Java Island are forested.<\/p>\n<p>\"The rest will likely become a forest of steel and concrete,\"<br>\nhe said, adding that the ideal size of forested area should be 30<br>\npercent of the total land area.<\/p>\n<p>Harnanto said Perhutani currently employs some 17,000 white-<br>\ncollar workers, of which only three percent are university<br>\ngraduates, and 61,000 blue collar workers.<\/p>\n<p>He said Perhutani avoids the use of machinery in its<br>\noperations in order to employ as many people as possible, even<br>\nthough efficiency requires mechanical work.(09)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/state-forest-firm-books-sharp-rise-in-net-profit-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}