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Pan Brothers aims to increase its sales by 11% this year

26 June 2019 17:14

JAKARTA. PT Pan Brothers Tbk (PBRX) expects its sales of textile and garment products to reach US$ 678.65 million, 11% higher than the 2018 record of US$ 611.4 million.

Anne Patricia Sutanto, Deputy Managing Director of PBRX, said that to reach the target,  the company would increase its production capacity and efficiency. Sutanto was optimistic that export market would be quite conducive this year, although trade tensions between the United States and China had not subsided.

Sutanto explained that last year, PBRX sales were dominated by export lines. "The sales are 15% local and 85% exports," Sutanto said when met by idnfinancials.com on Wednesday (26/6).

In addition, Sutanto also said that at present, PBRX has more production capacity compared to last year, from 90 million pieces/year to 100 million pieces/year. (KR/AR)

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