Profile of Betonjaya Manunggal: Indonesian Iron & Steel Producer
Indonesia Investments has uploaded the preliminary company profile of Betonjaya Manunggal (BTON). The company, member of the Gunawan Steel Group, is an Indonesian iron and steel manufacturer, which produces steel round bars ranging from 6 mm to 12 mm with a total installed annual production capacity of 30,000 tons of round bars. In the first half of 2013, its net profit fell 34.6 percent to IDR 9.0 billion from the same period in 2012. Its sales revenue fell 32 percent (yoy) to IDR 58.9 billion.