Sritex is optimistic that it can maintain its sales growth level at a double-digit level in 2020
JAKARTA. PT Sri Rejeki Isman Tbk (SRIL) or Sritex claimed to be optimistic that it can maintain its sales growth at a double-digit level in 2020.
Joy Citradewi, Corporate Communication of SRIL, said that the growth will be driven by a gradually improving purchasing power of the people. "For the outlook (2020), it is still positive, we see that there is a potential for appetite for shopping to begin to improve," Citradewi said as quoted by Kontan on Tuesday (11/12) yesterday.
In addition, SRIL will also rely on sales growth to the United States (US) next year. The company even targets total sales to the US next year to increase by 20% to 30%.
As of the third quarter (Q3) 2019, SRIL has recorded a sales growth of 17.16% to US$ 895.08 million. In the same period the previous year, the company's total sales only reached US$ 763.95 million. (KR/AR)