CLEO Optimistic 2023 Turnover Increases Double Digits

By : Nata Kesuma | Friday, March 31 2023 - 13:23 IWST

PT Sariguna Primatirta Tbk (“CLEO”)
PT Sariguna Primatirta Tbk (“CLEO”)

INDUSTRY.co.id - Jakarta, March 30th, 2023 – PT Sariguna Primatirta Tbk (Tanobel Group), a listed company, manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, managed to record sales of IDR 1.36 trillion in 2022, an increase of 23.1% from the previous year sales.

With the proceeds from these sales, CLEO posted a net profit of IDR 195.60 billion.

"We are grateful that we were able to get through the challenging economic conditions in 2022, so that we managed to record sales growth of 23,1%, and were able to book net profit growth. Going forward, we will continue to expand while improving efficiency to increase the Company's profitability. In the future, we will continue to expand while improving efficiency to increase the Company’s profitability, “said Deputy CEO of CLEO, Melisa Patricia.

The company realizes that the excellent sales performance can be obtained because of our strong relationships with customers. Therefore, the Company is committed to continuing to strengthen the foundation of customer trust by producing high quality and environmentally friendly bottled drinking water (AMDK). One clear proof of this commitment is that CLEO always uses gallons made from BPA-free materials (Bisphenol-A) so that the purity and health of the water inside is guaranteed.

As we all know, the Food and Drug Monitoring Agency (BPOM) has stated that BPA content above the specified threshold can interfere with the health of toddlers and fertility in adults.

About PT Sariguna Primatirta Tbk

PT Sariguna Primatirta Tbk, a subsidiary of Tanobel Group, is a public company listed on the Indonesian Stock Exchange since 2017. (IDX: CLEO). CLEO is Indonesia's first bottled drinking water (AMDK) manufacturer to receive the ISO 22000: 2005 food safety management certification. Cleo was established as a bottled drinking water brand in Indonesia in 2004 with the differentiation of Pure Water and the establishment of the first factory in Pandaan, East Java. Comes with Indonesia's first innovation, the Gallon Cleo, which features a handle for convenient carrying and installation into the dispenser. Cleo's gallons are made entirely of BPA-free materials, ensuring the purity and health of the water contained inside. CLEO launched Cleo Ecoshape, a practical environmentally friendly packaging innovation, in 2013.

News Comment

Today's Industry

CleverTap logo

Jumat, 02 Juni 2023 - 15:50 WIB

CleverTap launches local deployment of its SaaS platform in Indonesia

CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

President Jokowi inaugurated the 2nd Kretek Bridge, in Bantul, DI Yogyakarta, Friday (02/06/2023). (Photo: BPMI Setpres)

Jumat, 02 Juni 2023 - 15:10 WIB

Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route

RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

President Jokowi led the Pancasila Harlah Commemoration ceremony, which was held in the National Monument Area, Jakarta, Thursday (01/06/2023). (Photo: Public Relations of Setkab/Oji)

Jumat, 02 Juni 2023 - 14:00 WIB

President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges

In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Minister of Investment/Head of BKPM Bahlil Lahadalia (Photo: Public Relations of Setkab/Rahmat)

Jumat, 02 Juni 2023 - 13:30 WIB

President Encourages Acceleration of Electric Battery Ecosystem Development

Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…

Huawei earns MOCN Partners Award from Indosat

Rabu, 31 Mei 2023 - 16:30 WIB

Huawei Recognized as Outstanding Partner from Indosat in MOCN Partner Awards for Successful Network Integration

Indosat Ooredoo Hutchison (Indosat), has achieved a significant milestone in its mission to connect and empower the people of Indonesia, after completed the merger in January 2022.