This year, Bentoel Internasional Investama Targets Rp1 Trillion Export Income

By : Aldo Bella Putra | Monday, July 24 2017 - 19:40 IWST

5166
5166

INDUSTRY.co.id - Jakarta, PT Bentoel Internasional Investama Tbk targets export revenues of Rp 1 trillion in line with the projected significant increase in exports this year.

"This year's exports are expected to increase significantly compared to last year's realization," said Bentoel International Investama President Director Jason Fitzgerald Murphy in Jakarta on Monday (22/5 / 2017).

The company's decision with RMBA issuer code to boost exports this year is in line with the request of President Joko Widodo who expects to increase exports for tobacco products.

It has also received support from the Directorate General of Customs and Excise, the Ministry of Industry and the Ministry of Commerce on the company's plan to spur exports.

"This year, our export earnings are expected to be around Rp1 trillion as there is a significant increase in exports," said Bentoel International Investama Director Hardeep Khangura.

This year, the company is also very careful to raise product prices, considering that other cigarette companies are also in no hurry to raise the selling price.

In the first quarter of this year, RMBA sales dropped 6.8% annually to Rp4.1 trillion. Meanwhile, cost of goods sold slumped from Rp4.24 trillion in the first quarter of last year to Rp3.59 trillion in the same period this year.

The company's loss decreased from Rp328 billion in the first quarter of last year to Rp68 billion in the first quarter of this year. (Hry / Imq)

News Comment

Today's Industry

Widodo Sucipto, President Director of PT Hydrotech Metal Indonesia.

Selasa, 19 Oktober 2021 - 15:47 WIB

Hydrotech Metal are Getting Closer to Canada Securities Exchange

PT Hydrotech Metal Indonesia are getting closer to Canada Securities Exchange, after the signing of Share Exchange Agreement with a Canadian company recently. The signing was done virtually…

Vice President Ma’ruf Amin and his spouse Ibu Wury head to Ambon for a working visit, Wednesday (13/10). (Photo by: Vice Presidential Secretariat)

Jumat, 15 Oktober 2021 - 22:10 WIB

VP Ma’ruf Amin to Close 20th PON in Papua

Vice President Ma’ruf Amin, on Friday (15/10), is scheduled to close the 20th National Sports Week (PON) in Papua at the Lukas Enembe Stadium, Jayapura regency. The Vice President, his spouse…

President Joko Widodo and Cabinet Secretary Pramono Anung at Kompas Bajo, Puncak Waringin, Thursday (14/10) afternoon. (Photo by: BPMI/Laily Rachev)

Jumat, 15 Oktober 2021 - 21:32 WIB

President Jokowi Visits Kompas Bajo Creative Hub

Ending his working visit in East Nusa Tenggara Province, President Joko “Jokowi” Widodo and First Lady Ibu Iriana on Thursday (14/10) afternoon took a walk to Kompas Bajo which is located…

President Joko Widodo inaugurates Waringin Peak and Batu Cermin tourism area arrangements and eight road segments in Labuan Bajo, East Nusa Tenggara province, Thursday (14/10). (Photo by: PR of Cabinet Secretariat/Rahmat)

Jumat, 15 Oktober 2021 - 20:30 WIB

President Jokowi Inaugurates Area Arrangements in Labuan Bajo

President Joko “Jokowi” Widodo, Thursday (14/10), inaugurated Waringin Peak and Batu Cermin tourism area arrangements and eight road segments at Waringin Peak, Labuan Bajo village, Komodo…

The Integrated Coordination Meeting on the Acceleration of Welfare Development in Papua and West Papua, at the West Papua Governor’s Office Complex, Manokwari, West Papua, Thursday (14/10). (Photo by: BPMI of Vice Presidential Secretariat)

Jumat, 15 Oktober 2021 - 19:30 WIB

VP Ma’ruf Amin Leads Meeting on Welfare Development in Papua, West Papua

Vice President Ma’ruf Amin Thursday (14/10) at West Papua Governor’s Office Complex, Manokwari in West Papua province, led an integrated coordination meeting discussing measures on the acceleration…