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Chitose aims for IDR 347.56 billion in sales this year

24 June 2022 09:53

JAKARTA – PT Chitose Internasional Tbk (CINT), a trading company, sets the sales target to IDR 347.56 billion by the end of this year. This target visibly increases from the last year’s revenue realisation of IDR 287.14 billion.

Nurwulan Kusumawati, Director of Chitose Internasional, also revealed that the net profit target is IDR 23.24 billion this year. “In regard to this goal, the company will exert capital expenditure budget from our own internal cash of IDR 2.8 billion to drive productivity, efficiency, and product quality,” she explained in the information disclosure quoted Friday (24/6).

The net profit target this year certainly exceeds last year’s record, which posted the current year’s loss of IDR 98.21 billion.

The highest contributor to CINT’s revenue in 2021 is the domestic sales, generating IDR 260.24 billion, followed by export sales of IDR 26.89 billion. Segment-wise, the folded chair sales brought in IDR 90.99 billion, followed by the hotel, banquet, and restaurant revenue of IDR 106 billion, office supplies sales of IDR 145.10 billion, the education service of IDR 89.56 billion, the hospital service of IDR 8.64 billion, and others of IDR 20.38 billion. (LK/ZH)

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