PT Wijaya Cahaya Timber Tbk

PT Wijaya Cahaya Timber Tbk

IIDX:FWCT
79.00
IDR
+4.00
(+5.33%)
PT Wijaya Cahaya Timber Tbk
IDX:FWCT
(Indonesia Stock Exchange)

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79.00

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Business
PT Wijaya Cahaya Timber Tbk is an Indonesia-based wood processing and manufacturing company that specializes in producing and exporting engineered wood and timber products. Founded in 2017 and headquartered in Jakarta, Indonesia, the company operates within the forest products and basic materials industry, supplying materials to the furniture, interior architecture, and construction sectors across domestic and international markets. PT Wijaya Cahaya Timber Tbk manufactures and distributes a systematic portfolio of wood products, which includes commercial and industrial plywood in various thicknesses and grades for structural and decorative applications; barecore boards manufactured predominantly from plantation-grown Sengon (Albasia falcata) wood for use as structural cores in composite panels; falcata blockboards designed for cabinetry, partitions, and door manufacturing; rotary-cut core veneers and face veneers utilized in plywood fabrication; laminated and specialty coated timber panels; and custom cut-to-size timber components tailored for industrial packaging and modular construction. The company manages major manufacturing and processing facilities strategically situated in Malang and Jember, East Java. In recent developments, PT Wijaya Cahaya Timber Tbk completed its initial public offering on the Indonesia Stock Exchange under the ticker FWCT, deploying capital proceeds toward strategic capacity expansion, including the construction and commissioning of a new production facility in Grobogan, Central Java. In addition, the company has expanded its international export channels into key markets across South Korea, Japan, and Taiwan, while scaling up factory automation and expanding sustainable raw material procurement partnerships across Java to meet international timber legality and certification standards.