PT Sumber Alfaria Trijaya Tbk is scouting a 20% increase in sales next year to Rp21.6 trillion as a result of strong demand and outlet expansion.
Vice President Director Pudjianto said the growth in consumer goods sector next year is estimated to reach 12%, which is in line with GDP uptrend.
Referring to the target, Sumber Alfaria expects a Rp21.6 trillion sales next year from an estimated of Rp18 trillion this year.
"This year, consumer goods industry is estimated to increase 12% and 20% next year," he said as quoted by Bisnis Indonesia today.
By end of September 2011, Sumber Alfaria recorded Rp Rp13.42 trillion in sales or 74.56% of the annual target this year. Net profit recorded Rp226.34 billion, a 48.56% increase from Rp152.36 billion.
Disclosure: No position at the stock mentioned above.
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