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Trisula Textile Industries eyes for 5% profit growth

29 April 2019 17:40

JAKARTA - PT Trisula Textile Industries Tbk (BELL) targets net profit at Rp 22.51 billion this year, up by 5% from the previous 2018 net profit of Rp 21.44 billion.

Kasonggo W.D, President Director of BELL, said that the company did not set the target too high this year. The reason is the company only targets profit growth conservatively. "We don't want to be too confident. Based on conservative growth, looking at market conditions," Kasonggo said on Monday (29/4) today when met by idnfinancials.com.

In 2018, BELL posted a net profit growth of 61% to Rp 21.44 billion. Kasonggo explained that the company would still prioritize sales this year, to spur growth in net profit. "We will increase retail and export market share," Kasonggo explained. (KR/LM)

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