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Mustika Ratu recorded double-digit growth in sales

02 December 2021 07:36

JAKARTA. Health products managed to become the hero in elevating the sales of PT Mustika Ratu Tbk (MRAT) by 15.13% to IDR 255.9 billion by the end of Q3 2021.

In a press release, the management of Mustika Ratu mentioned that these sales were primarily maintained by health products sales, covering 54.62% of the revenue. The remaining revenue came from health and traditional herbal drinks sales, which gained 30.38% sales growth.

MRAT scored an operating profit of IDR 7.26 billion from these sales, slightly climbing 2.34% year-on-year (yoy) from the position reported in Q3 2020 of IDR 7.09 billion.

With the distribution channel expansion and a consistent corporate transformation in all business lines, the management of MRAT stated its confidence in increasing sales and profit by the end of 2021. (AM/ZH)

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