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SRIL targets to record revenue growth of 8%

05 March 2020 06:01

JAKARTA. PT Sri Rejeki Isman Tbk (SRIL) seeks to optimize its installed capacity to pursue revenue growth at 6% -8%.

Joy Citradewi, Corporate Communications of SRIL, said hat this year, SRIL set a revenue growth target in the range of 6% to 8%. "We will improve through maximizing utilization and focus on higher value-added," he was quoted as saying by Kontan on Wednesday (4/3).

In addition, SRIL also decided to increase its production capacity. The company may do it by acquiring a factory or building a new factory. At present, SRIL's production utilization rate is above 90% in almost all divisions starting from spinning, weaving, finishing, and garment.

At present, SRIL can produce 1.15 million bales of yarn, 180 million meters of raw fabric, 240 million yards of fabric, and 32-35 million pieces of garment annually. (AM/AR)

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