Local Textile Products Made by BELL Boost Income in 2022
By : Candra Mata | Monday, March 27 2023 - 17:50 IWST
PT Trisula Textile Industries Tbk ("BELL")
INDUSTRY.co.id - Jakarta, March 24th 2023 - PT Trisula Textile Industries Tbk ("BELL"), a textile manufacturer for clothing materials including uniforms, and quality fashion, supports the government's campaign to promote the purchase of domestic products.
Therefore, supported by BELL's local textile products that are already well-known under the Bellini and Caterina brands, they also contribute to the increase in BELL's income in 2022. Amidst the challenge of rising inflation that has eroded people's purchasing power in 2022, the company managed to record sales of IDR 461.85 billion, or an 8% increase from 2021 sales.
"We are grateful that despite the challenging situation in 2022, BELL managed to achieve positive sales growth. We hope that the government's campaign to buy and use domestic products will help stimulate the domestic industry, particularly in driving sales growth of BELL's products," said BELL's CEO, Karsongno Wongso Djaja.
In 2022, the company recorded a net profit attributable to the parent entity's owners of IDR 2.66 billion, an increase of nearly 9% from IDR 2.45 billion in the same period the previous year. Meanwhile, the cost of goods sold increased by 4% to IDR 321.51 billion compared to the previous year.
The company's sales in the domestic market grew 9% to IDR 443.89 billion, contributing 96% of BELL's total sales. Meanwhile, exports recorded IDR 17.96 billion or 4% of total sales.
In terms of sales performance breakdown by segment in Q4-2022, several segments experienced extraordinary growth in Q4-2022 compared to Q3-2022, including the Uniform segment (B2B sales) increased by 154% QoQ and the Retail segment (clothing sales under the JOBB and Jack Nicklaus brands) increased by 34% QoQ.
To boost sales growth, the company continues to actively add retail stores, along with efforts to strengthen sales through digital platforms to increase sales turnover and expand its network. In this regard, BELL has strengthened its digital channel with sales on the e-commerce platform Yukshopping.com with Trisula Group, which has started since 2021, as well as marketing its products on various marketplaces.
Read Also
Encouraging Supply Chain Integration in the Textile and Textile Products…
Sustainable Innovation Strategy Enables Trisula Group to Exist for…
BELL Continues to Increase Online Sales Throughout 2021 by 38.4%
TRIS’s Strategy to Boost Performance in 2022
Still in Vogue, BELL Offers Various Fabric Variants
Today's Industry

Selasa, 26 September 2023 - 07:45 WIB
ESSA Secures Gas Contract Extension for LPG Refinery
PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced…

Selasa, 26 September 2023 - 06:45 WIB
ALDO Strengthens PT Eco Paper’s Business of Recycled Brown Paper Production
PT Alkindo Naratama Tbk (ALDO), a listed company engaged in the integrated paper and chemical business, plans to inject additional working capital of around IDR 40 billion into its subsidiary…

Sabtu, 23 September 2023 - 11:33 WIB
Growing Above Industrial Average, CLEO Strives for Innovation
Producer of bottled drinking water with the brand "CLEO", PT Sariguna Primatirta Tbk (Tanobel Group) targets its sales in 2023 to grow above the average of the bottled drinking water (AMDK)…

Kamis, 14 September 2023 - 15:15 WIB
INOV Poised to Absorb PET Recycling Market Potential
The prospects of PT Inocycle Technology Group Tbk ("INOV") a public company in the field of recycling plastic (PET) bottle waste into Recycled Polyester Staple Fiber (Re-PSF), looks bright for…

Senin, 11 September 2023 - 09:07 WIB
Indonesian Cuisine, Cultural Performances Enliven Gala Dinner of 43rd ASEAN Summit
President Joko “Jokowi” Widodo and First Lady Iriana Jokowi hosted a gala dinner for leaders of ASEAN member states, partners, and international organizations at Hutan Kota restaurant in…
News Comment