HomeNewsVideos

SAMF revenue climbed 25.50%

28 October 2021 06:13

JAKARTA – PT Saraswanti Anugerah Makmur Tbk (SAMF) scored IDR 1.25 trillion in revenue in the third quarter of 2021. It was 25.50% higher than the gain reported in Q3 2020 of IDR 994.89 billion. This jump was driven by the increased demands for fertilisers and elevated palm price detected earlier this year.

Yahya Taufik, President Director of Saraswanti Anugerah Makmur, expressed his optimism with its sales target of IDR 1.8 trillion this year just by looking at its sales in Q3 2021. “The current year profit soared 29.70% to IDR 97.73 billion from its number in the same period last year of IDR 75.35 billion,” he revealed in the press release earlier today (28/10).

According to Taufik, SAMF manufactures NPK (nitrogen, phosphorous, potassium) fertilisers created in an accredited laboratory. The result of this laboratory research is intended to provide additional value to the consumers. “In order to enhance consumers’ satisfaction, the company strengthens its research and development division so that the products distributed to the customers are well-guaranteed in its quality,” he further added. (LK/ZH)

© 2024 - IDN Financials - All Rights Reserved.