Daya Sakti to double profit

JAKARTA (JP): Publicly listed timber company PT Daya Sakti Unggul Corporation expects to double its net profit to Rp 18 billion this year from Rp 9 billion in 1996.

The company's president Njoto Suhardjojo said yesterday after the company's shareholders meeting that sales were expected to reach Rp 250 billion this year from Rp 215 billion in 1996.

He said the net profit increase would be supported by higher efficiency and new machinery at the company's plant in South Kalimantan, starting in August. (09)