PT Kujang books profit

PT Kujang books profit

JAKARTA (JP): State fertilizer firm PT Pupuk Kujang posted Rp
87 billion (US$11.6 million) in profit last year, company
president Edi Madnawidjaja said yesterday.

Edi said Pupuk Kujang produced 600,769 tons of urea fertilizer
last year, slightly above 596,425 tons in 1996.

"Last year's production was our highest production since we
began operations," he told Antara.

He said the company, located in Cikampek, West Java, planned
to raise its production capacity to 1.14 million tons per annum
by 2000 to meet growing overseas demand for fertilizer.

Indonesia's total production of fertilizer was six million
tons last year, exceeding domestic demand of 4.5 million tons.
(gis)