ARNA - PT. Arwana Citramulia Tbk

Rp 710

-5 (-1,00%)

JAKARTA - PT Arwana Citramulia Tbk (ARNA) posted net sales of Rp 2.15 trillion in 2019, up from Rp 1.97 trillion in 2018. This increase was due to the sales volume growth and higher selling prices of ceramic products.

Rudy Sujanto, Corporate Secretary of PT Arawana Citramulia Tbk (ARNA) said that sales in 2019 rose 9.1% compared to sales in 2018. "Top line grows by 9.1%; net sales, in terms of volume, grows by 6%, and in terms of average selling price also grows by 3%," he said.

In addition, the performance improvement this year was due to the efficiency implemented in supply chain, gas usage, and glaze materials. Gas usage costs were reduced from Rp 1.7 per m2 to Rp 1.65 per m2. Glaze material was able to be obtained from Vietnam at a lower cost by 7% from Rp 5,300 per m2 to Rp 4,900 per m2. (LK/W)