JAKARTA - PT Mayora Indah Tbk (MYOR) is targeting sales growth of 10% in 2020. While net profit is targeted to grow 7.3% - 7.5%.
"Next year's sales target is estimated to increase by 10%. Net profit is around 7.3% - 7.5%," said Mayora Indah Director of Finance Hendrik Polisar as quoted from Bisnis.
To drive sales growth, Mayora plans to launch several new products. In addition, ad spending and promotions will be maintained as needed.
For information, Mayora estimates that sales until the end of this year will reach Rp 25 trillion. The company targets sales in 2020 to reach Rp 27.5 trillion. (LM)