JAKARTA. PT Kino Indonesia Tbk (KINO) expects that this year, its export could contribute 10% of its sales, which is estimated to grow by around 15-20%.
With the growth target, the company's revenue is estimated to reach Rp 4.68 trillion. So far, KINO's exports have been focused in the Southeast Asia region.
"We are considering potential markets but we cannot disclose them yet," said Corporate Finance Director of Kino Indonesia Budi Muljono, as quoted by Kontan.co.id.
Budi further explained that this year, the food and beverage industry will face the same challenges as a few years before, which is the shifting in consumption patterns. Therefore, in the future, KINO will expand its distribution channels and continue to promote existing products. (AM/AR)