Magran Living seeks IDR 114 billion in revenue this year

07 July 2022 09:54

JAKARTA – PT Panca Anugerah Wisesa Tbk (MGLV), the distributor of Magran Living furniture, sets a revenue target of IDR 114 bilion this year. Andry Mulyono, Director of Magran Living, revealed this objective in the public expose quoted Thursday (7/7).

According to Mulyono, his company will introduce three new showrooms in three different locations in order to secure said revenue target this year. In comparison, last year, MGLV scored IDR 109.84 billion.

“In 2022, we plan to open three showooms in Surabaya, Pantai Indah Kapuk (PIK), Jakarta, and another location yet to be found,” he specified.

MGLV has allocated IDR 5 to 8 billion for this new showroom opening, which will be spent on construction, renovation, and new products display. (LK/ZH)

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