Sritex Sales Grew 15 Percent in January-September 2017

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07/11/2017 14:22 WIB

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Sales and Profit of PT Sri Rejeki Isman Tbk 2012-2017

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Sales and Profit of PT Sri Rejeki Isman Tbk 2012-2017

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PT Sri Rejeki Isman Tbk (Sritex) recorded a 14.82 percent increase in sales from January to September 2017, reaching US$572.59 million (approximately Rp7.73 trillion), compared to the same period the previous year. This achievement significantly surpasses the 7.7 percent growth recorded throughout 2016.

Sales for the textile company, traded under the code SRIL, were driven by spinning, which contributed US$218.3 million (38.13 percent) of total sales. This was followed by fabric finishing at US$150.87 million (26.35 percent), garment manufacturing at US$146.21 million (25.54 percent), and weaving at US$57.19 million (approximately 10 percent) of sales.

Similarly, Sritex's profit from January to September 2017 increased by 13.96 percent to US$45.77 million (approximately Rp617.88 billion), compared to US$40.16 million in the same period of the previous year. This profit increase also exceeded the 6.66 percent growth achieved throughout 2016.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Sritex Sales Grew 15 Percent in January-September 2017

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Sritex Sales Grew 15 Percent in January-September 2017

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