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Timah targets 100% revenue growth this year

01 March 2019 11:12 AM  Company: PT. Timah Tbk[TINS]
Rp. 1,080  -5 (-0.46%)

JAKARTA. PT Timah Tbk (TINS) is targeting its revenue to grow by 100% this year by doubling production increase.

TINS Corporate Secretary Amin Haris said the company is optimistic it can produce 600,000 tonnes of steel this year. As quoted by Kontan.co.id, Mr Haris said TIN's top line target will remain the same as its bottom line target.

TINS recorded an export gain of 33,250 tonnes in 2018, a 15% hike from the 2017 export gain of 28,732 tonnes. TINS's export activities contribute 95% of its total annual sales. (KR/MS)

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PT. Timah Tbk [TINS]   Rp. 1,080   -5 (-0.46%)