Trisula Textile Industries budgets Rp 18 billion to purchase new looms
JAKARTA. PT Trisula Textile Industries Tbk (BELL) has budgeted Rp 18 billion to replace a number of looms and purchase dyeing machines.
BELL CEO Karsongno Wongso Djaja said the replacement aims to improve production efficiency, adding that the company will purchase eight to 10 new looms. "By replacing old looms, our production can double," said Mr Djaja as quoted by Kontan, Tuesday (10/12).
In addition, Djaja said that BELL will acquire two new dyeing machines for colouring process with an investment value estimated at Rp 10 billion. The company, he quipped, will still rely on its internal cash for the purchase.
BELL estimates that its new machinery will be used starting from the first quarter of 2020. With the addition, the company plans to strengthen the uniform business line, which has contributed 50% of the company's total revenue. (KR/MS)