JAKARTA. PT AKR Corporindo Tbk (AKRA) aims to secure 8% sales growth following the seemingly improved fuel consumption as the mining and plantation activities start to recover.
Suresh Vembu, Director of AKR Corporindo, believes that the increasing activities in the mining and plantation sectors would positively affect its refined fuel oil sales. “This year, the growth objective of AKR is set to 6% to 8%, equivalent to 2.5 million kilolitres compared to last year’s sales,” Vembu specifies further, as quoted in Bisnis today (8/9).
AKRA currently possesses adequate infrastructures to handle consumers from the mining, plantation, and electricity sectors in Sumatra, Kalimantan, and other regions in Indonesia. By the end of H1 2021, the sales volume has reached 47% to 48% of the target set for the entire year. Meanwhile, the segment with the most extensive contribution to the sales is industrial diesel.
According to Vembu, the outlook of fuel sales throughout the year is quite positive despite the Community Activities Restriction Enforcement (PPKM) in the first half of 2021. The operational activities are also performing as usual during the PPKM as fuel production is categorised into the critical sector. (AM/ZH)