Timber Trading Company Seeking Loan in Port Moresby, Papua New Guinea
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 4 thousand |
Run Rate Sales | USD 13 thousand |
EBITDA Margin | 30 % |
Industries | Timber Trading |
Locations | Port Moresby |
Local Time | 12:25 PM Pacific / Port Moresby |
Listed By | Management Member |
Status | Active |
- Family business that has been running for more than 12 years.
- We started the business on a small scale and now moving into large scale by engaging with the PNG Forest Authority.
- We specialize in logging and milling of timber to supply and meet the local demand.
- Have been granted permission by the Timber Authority (TA) of Papua New Guinea to harvest and process forest products.
- We have permission to harvest 5,000 cubic meters of the forest. We have to renew permission to harvest every year.
- Currently have a high demand for premium kwila and rosewoods in the local market.
- Our clients are contractors, local wood product manufacturers and construction companies.
- We are required by PNGFA to produce 5,000 cubic meters of wood per year as per the AAC (Allowable Annual Cut), this equates to roughly 125 trucks loads per year.
We harvest, process, and sell forest products which is mainly logs, timbers and woods.
We have an 8 inch Lucas mill, 3 chainsaws, 1 Fuso truck, 1 Toyota Hilux, inventory of kwila and rosewood.
Have a rented processing plant and storage unit in Papua New Guinea.
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Earlier than 15 daysOwner, Saw Mill, Vellore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Building Materials, Noble Park, Individual Investor / Buyer connected with the Business