Feb 24, 2012

Mandom eyes 12.12% increase in sales

PT Mandom Indonesia Tbk is eyeing a 12.12% increase in sales this year.
Corporate Secretary Kazue Junus, in an official statement, said Mandom has set a Rp1.85 trillion sales this year from Rp1.65 trillion last year.
Domestic sales is expected to increase 12.29% to Rp1.37 trillion from Rp1.22 trillion last year, while export sales is estimated to increase 9.84% to Rp480 billion from Rp437 billion. Next year, Mandom is scouting a Rp2 trillion sales.

Disclosure: No position at the stock mentioned above. 

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