6.8 / 10
 Port Moresby

Papua New Guinea based company engaged in processing and sales of specified pieces of timber and logs.

Key Business Facts
Yearly Sales USD 12 thousand
EBIDTA Margin 30 %
Industries Timber Trading
Locations  Port Moresby
Business Overview
- 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.
Products & Services Overview
We harvest, process, and sell forest products which is mainly logs, timbers and woods.
Assets Overview
We have an 8 inch Lucas mill, 3 chainsaws, 1 Fuso truck, 1 Toyota Hilux, inventory of kwila and rosewood.
Seeking Loan
USD 30 thousand for 9.0% annual interest, 2 years (Native Currency: PGK 120,000)
Reason: To increase the quantity of production due to increase in demand.
Collateral Available: USD 40 thousand
Includes physical assets worth USD 100 thousand
In talks with 2 Investors
Contact Business