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CLEO optimistic third quarter sales could exceed IDR 1 trillion

17 October 2022 10:28

SURABAYA - PT Sariguna Primatirta Tbk (CLEO), is optimistic that sales in the 3rd quarter of 2022 will exceed IDR1 trillion. The consistently growing CLEO sales were achieved because the Company continued to actively build new factories and develop the distribution network every year.

PT Sariguna Primatirta Tbk (Tanobel Group), a producer of Bottled Drinking Water (AMDK) with IDX ticker code: CLEO:IJ, is optimistic that sales in the 3rd quarter of 2022 will exceed IDR1 trillion. The consistently growing CLEO sales were achieved because the Company continued to actively build new factories and develop the distribution network every year.

This year the Company built three new factories. Each is located in the cities of Balikpapan, Palangkaraya, and Palembang. Within a year the Company's distribution network nodes grew by 53%YoY, from 173 distribution network nodes in August-2021 to 264 distribution network nodes in August 2022.  

Along with the development of an increasingly prospective business, CLEO is also always active in carrying out various activities to strengthen relationships with customers and partners. After completing the CLEO Sharing Blessing Program which provided various prizes in mid-September, the Company held the Cleo Culinary Festival on 1 – 2 October 2022 at the East Parking Plaza Surabaya which was attended by hundreds of MSMEs (Micro, Small and Medium Enterprises). (LM)

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