PT Fajar Surya Wisesa provided earnings guidance for the full year of 2013. The company is looking to book IDR 4.8 trillion in sales by year-end, up 20.4% from 2012. The company also hopes that its net profits will amount to between IDR 240 billion and IDR 384 billion from IDR 5.29 billion last year.

In an effort to increase its production capacity and market share, the company plans to build a new manufacturing facility in Surabaya in the second half of 2013. The $150 million facility, called PM 8, will be able to produce 350,000 tons of corrugating medium paper per year and will have its own power plant to support operations. PM 8 is expected to be completed in 2015.