Lionmesh hopes that its sales will recover this year
JAKARTA - PT Lionmesh Prima Tbk (LMSH), a steel manufacturer, hopes that its sales will recover this year due to the large number of infrastructure projects planned by the government.
As quoted from the company's public expose sheet published on Tuesday (11/8), Ivonne, Corporate Secretary of PT Lionmesh Prima Tbk (LMSH) said that the company is trying to increase its sales volume and revenue so that they can reach the target of 23,547 tons and Rp 200.15 billion. With that kind of revenue, the company expects to record a net profit of Rp 18.25 billion.
Apart from relying on the government's infrastructure projects, the management is also trying to increase production capacity and maintaining efficiency by upgrading their production equipment. (LK/AR)