Dec 21, 2011

Tiga Pilar scouts Rp1.8 trio revenue

PT Tiga Pilar Sejahtera Food Tbk (AISA) is scouting a Rp1.7 trillion-Rp1.8 trillion revenue or a 141% jump by end of this year from Rp705.21 billion last year.
Regarding to the revenue estimation, Tiga Pilar estimates to book nearly Rp100 billion net profit or a 33% increase from Rp75.21 billion last year.
Corporate Secretary Yulianni Liyuwardi at Tiga Pilar, as quoted by Bisnis Indonesia today, said the biggest contributor for the business is basic food and consumer food segments.
By end of September, consumer food contributed 37% of the company's consolidated sales, while rice and basic food made a 36% and 22% contributions. 

Disclosure: No position at the stock mentioned above.

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