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Putra Rajawali will use two strategies this year to achieve growth

30 January 2020 08:31

JAKARTA. PT Putra Rajawali Kencana Tbk (PURA) will use two strategies this year, market expansion and product diversification. The strategies are expected to help the company achieve its growth target this year.

President Director of Putra Rajawali Kencana, Ariel Wibisono said the market expansion will be carried out outside of Java, namely in Bali and Sumatra.

In addition to market expansion, Putra Rajawali also diversified the products it transports. One of the commodities the company has targeted is cane molasses, which is the raw material for ethanol and other finished goods.

Ariel is optimistic that the prospect for logistics and transportation business is still good, considering the focus of the government to build more infrastructures. This condition supports the demand for logistics transportation services

Yesterday (29/1), PT Putra Rajawali Kencana Tbk (PURA) officially became the 8th company which listed its shares on the Indonesia Stock Exchange (IDX) this year. (AM/AR)

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