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KOIN will open new construction material supermarkets next year

02 September 2020 06:16

JAKARTA - PT Kokoh Inti Arebama Tbk (KOIN) plans to open two construction material supermarkets in Jabodetabek next year. KOIN prepares an investment of Rp 14 billion for each supermarket.

Susalah Khiew Orn, Director of PT Kokoh Inti Arebama Tbk (KOIN) conveyed the plan in a disclosure published on Tuesday (1/9). With the supermarkets, the company hopes to increase its market share in the ceramic industry.

Apart from opening new outlets, KOIN has also entered e-commerce and e-retail sector, with an investment of Rp 1 billion.

He said that those new distribution channel were expected to generate revenue for the company starting from the second quarter of 2021. (LK/AR)

 
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