APRIL nets $29m in profit

Tue, 07 Nov 2000 | Source: JP:VIN

JAKARTA (JP): The APRIL Group (Asia Pacific Resources International Holdings Ltd.) announced US$29 million in net profits for the quarter ended Sept. 30 on total sales of $147.6 million.

The New York-listed pulp and paper company said in a statement released from Singapore that APRIL maintained its average selling price for pulp for the third quarter at $669 per ton.

The group sold 133,758 metric tons of pulp in the third quarter, the statement added.

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