Throughout the Year 2017, Ricky Putra Globalindo Targets Performance Growth Up To 10 Percent

By : Hariyanto And Aldi Firhand. A | Thursday, August 24 2017 - 13:11 IWST

PT Ricky Putra Globalindo Tbk (Hariyanto/ INDUSTRY.co.id)
PT Ricky Putra Globalindo Tbk (Hariyanto/ INDUSTRY.co.id)

INDUSTRY.co.id - Jakarta - PT Ricky Putra Globalindo Tbk (RICY) ensures business growth will not be aggressive until the end of the year. Throughout the year 2017, RICY targets performance growth of up to 10%.

"We are targeting performance growth for this year of approximately 5% to 10% .The business has been tried, distribution is made fast, the business is encouraged to quickly sell the goods, but the result is only that much," said Director of PT Ricky Putra Globalindo Tbk, Tirta Heru Citta to the press in Jakarta, Wednesday (08/23/2017).

Ricky Putra's performance projection until the end of the year also considered the performance of the first half of 2017. In that period, they posted net sales grew 34.69% to Rp741.59 billion.

However, the current year earnings attributable to the owner of the parent entity alias net profit only grew 5.83% to Rp6, 54 billion. The low net profit is due to sales are still running stable.

Retail market conditions are still difficult to cause these producers lower prices by providing a large discount. Thus, the effect on earnings results

"The company's performance is somewhat assisted by a stable export market, with 35 percent of foreign market contribution, at least able to gain profit even slightly, while quantity is maintained and we export 99 percent to Japan," said Tirta.

Tirta revealed, until the end of the year later it will not be too high target set. Achievement in the first half of this year has reflected the current state of the company. "Approximately growth is still in the numbers of 5% to 10%, which is important not slip," he concluded.

News Comment

Today's Industry

The President Director of PT Trimegah Sekuritas Indonesia Tbk (TRIM), Philmon Tanuri (left) delivered remarks at the kick off of Trimegah's collaboration with IA SBM-ITB in Jakarta on Wednesday (05/06/2024).

Jumat, 07 Juni 2024 - 19:43 WIB

Trimegah Sekuritas Supports Ikatan Alumni SBM-ITB to Realise Lifelong Learning Mission

In order to realise its mission of “Educate and create wealth for community through unique and professional investment experience”, PT Trimegah Sekuritas Indonesia Tbk (TRIM) collaborates…

Wellington College Independent School Jakarta (WCIJ)

Senin, 29 April 2024 - 05:02 WIB

One of the UK’s Most Established Schools Chooses Jakarta for Their Latest Opening

Wellington College Independent School Jakarta (WCIJ) is thrilled to announce its grand opening in September 2024! As the first private UK school to open in Indonesia, WCIJ, a pioneering co-educational…

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…