SMKL Optimistic About Achieving 26% Sales Increase by End of 2021

By : Nata Kesuma | Saturday, January 01 2022 - 13:22 IWST

PT Satyamitra Kemas Lestari Tbk (“SMKL”)
PT Satyamitra Kemas Lestari Tbk (“SMKL”)

INDUSTRY.co.id - Jakarta, PT Satyamitra Kemas Lestari Tbk (“SMKL”), a Company engaged in packaging made from cardboard or brown paper, is optimistic that it can achieve an increase in sales by the end of 2021 by 26%. This is thanks to the customer trust SMKL has managed to win through the quality of the products produced. Looking at the Company’s future business prospects, SMKL also targets sales growth of 15% in 2022.

Ang Kinardo as the President Director of SMKL, said, “SMKL continues to improve our performance as well as making quality products that fulfills the wishes and requirements of our partners. Therefore, we are optimistic that we can achieve an increase in sales for future performance. SMKL has also won the trust of our partners by continuing commitment to carrying out a sustainable business as evidenced by our Forest Stewardship Council (FSC) certification. FSC certification is SMKL’s attempt to focus on a sustainability system which is expected to have a positive impact on the performance of the SMKL.”

FSC certification is a certification that states that the products used are from forests with good management and provide environmental, social, and economic benefits. To fulfill this certification, SMKL conducts an annual audit to ensure the system is running in accordance with the provisions of existing certification standards. This FSC certification is also one of SMKL’s efforts to care about environmental sustainability.

On the other hand, in preparation for the carbon tax era in April 2022, SMKL also plans to install solar panels to reduce carbon use in factories. “SMKL is very focused on the sustainability business, which is also a condition of several of our partnerships. If everything goes well, next year we plan to install solar panels, we are currently in the process of contracting with the supplier. To anticipate carbon tax era, we also have machines to collect waste paper to be sent back to paper factories for recycling,” explained Ang Kinardo.

For information, in the Third Quarter of 2021, SMKL managed to grow sales by 22% YoY. Net profit after tax also recorded a significant increase of 268.3% YoY, which was IDR72.1 billion from IDR19.6 billion in the previous year.

The sales contribution of SMKL in the Third Quarter of 2021 came from the Carton Box segment of IDR872.6 billion, Offset Printing of IDR355 billion, Pre-printing of IDR232.8 billion, and Rigid Box of IDR73.9 billion.

The largest sales contribution for SMKL came from the Carton Box segment which increased 23.1% YoY and Offset Printing which grew 22.3% YoY.

“Therefore, SMKL is optimistic that it can achieve increased sales by the end of 2021 and targets sales growth in 2022, through continuous efforts to build strong trust with each of our business partners for long term cooperation. This can be realized by fulfilling the various provisions of our business partners through the sustainability business implemented by SMKL and the certifications eaned, one of which is the FSC certification,” concluded Ang Kinardo.

News Comment

Today's Industry

PT Autopedia Sukses Lestari Tbk (ASLC)

Rabu, 25 Januari 2023 - 09:30 WIB

ASLC Successfully Surpasses 2022 Used Car Sales Target via Caroline.id

PT Autopedia Sukses Lestari Tbk (ASLC), a company engaged in used vehicles auction and trading of used cars, succeeded in selling 2,481 units of used cars through used car dealers under its…

A woman is paying her attention to the Jakarta Composite Index board movement. (Document of INDUSTRY.co.id)

Kamis, 05 Januari 2023 - 22:29 WIB

New Economic Board, GOTO Share Moves Closer to Global Indices

The presence of the New Economic Board on the Indonesia Stock Exchange (IDX) brings many benefits to PT GoTo Gojek Tokopedia Tbk (GOTO). One of them is getting closer to the shares listing of…

Lauren Blasco of ACV.

Senin, 19 Desember 2022 - 22:39 WIB

Indonesian Chamber of Commerce and Industry taps AC Ventures’ ESG head to join task force

The Indonesian Chamber of Commerce and Industry (KADIN) recently tapped AC Ventures’ (ACV) Head of ESG Lauren Blasco to join its newly formed ESG task force, an elite group of stakeholders…

The CIP Utilities & Automated Reporting Analytics allows plant managers

Senin, 19 Desember 2022 - 21:50 WIB

Emerson’s New Analytics Software Automates Utilities Monitoring and Reporting for Clean-in-Place Applications

Emerson: Today Emerson announced the release of its new Clean In Place (CIP) Utilities and Automated Reporting Analytics package delivered via PACEdge™ and Movicon™ platforms on an industrial…

PT Adi Sarana Armada Tbk (ASSA)

Senin, 19 Desember 2022 - 21:12 WIB

Keep Optimistic, President Director of ASSA Adds Ownership

President Director of PT Adi Sarana Armada Tbk (ASSA), Prodjo Sunarjanto, has increased his portion of share ownership on 28 November 2022. Prodjo has purchased 1,128,300 shares at a price of…