JAKARTA - PT Trisula Textile Industries Tbk (BELL) recorded an outstanding performance with Rp 561.37 billion in revenues in 2018, surpassing its initial target of Rp 482.27 billion. The company's profit also grew 60.67% to Rp 24.20 billion from Rp 14.95 billion in 2017.
As quoted from the company's 2018 annual report, BELL President Director Karsongno Wongso Djaja said the company's sales in 2018 hiked 25.83% from Rp 446.13 billion in 2017. "Our sales in 2018 were dominated by domestic sales at 94.39%, while exports contributed 5.61%," he said.
Based on geographical segments, the contribution of domestic sales in 2018 dropped from 94.97% in 2017, while exports increased from 5.03% in 2018. Uniform products contributed Rp 291.86 billion or 51.99% of total sales.
According to Mr Djaja, the company is planning to invest in looms in 2019 to diversify products, improve efficiency, and increase quality. The company will also resume its product development programme, both for raw materials and production process, to create unique and profitable products. (LK/MS)