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

Salat Island is become a conservation area for Orangutan by the management of PT Sawit Sumbermas Sarana Tbk (SSMS). (Foto: Public Relations of PT Sawit Sumbermas Sarana Tbk)

Sabtu, 24 Juli 2021 - 12:15 WIB

Sawit Sumbermas Sarana Preparing RSPO Virtual Tour for August 2021

PT Sawit Sumbermas Sarana Tbk (SSMS), a public firm of palm oil firm listed in the Indonesia Stock Exchange (IDX), plans to hold a RSPO Virtual Tour on August 2021. It is a measure to support…

Minister of Religious Affairs Yaqut Cholil Qoumas delivers a statement in a press conference on Thursday (22/07). Photo by: YouTube channel of Presidential Secretariat.

Jumat, 23 Juli 2021 - 19:29 WIB

Indonesia Receives 8 Million More Doses of Sinovac Vaccine

Indonesia received eight million more doses of Sinovac COVID-19 vaccine in the form of bulk vaccine on Thursday (22/07).

The Opening of Technical Education and Training for Interpreting batch three held online, Thursday (22/07). (Source: Screenshot from Zoom Application)

Jumat, 23 Juli 2021 - 17:22 WIB

Cabinet Secretariat Holds Online Interpreting Training

Cabinet Secretariat, Thursday (22/07), opened the third batch of Technical Education and Training for Interpreting held virtually.

Minister of Manpower Ida Fauziyah. (Photo by: BPMI Documentation)

Jumat, 23 Juli 2021 - 16:01 WIB

Gov’t to Roll Out Wage Subsidy for Workers, Laborers This Year

In a bid to prevent layoffs due to the impact of COVID-19 pandemic, the Government has decided to continue disbursing wage subsidy for workers/laborers this year.

Ministerial Instruction Number 22 of 2021 on Level 4 Community Activity Restrictions in the islands of Java and Bali

Jumat, 23 Juli 2021 - 15:12 WIB

Home Minister Issues Instruction on Level 4 Community Activity Restrictions in Java, Bali

Minister of Home Affairs Tito Karnavian on 20 July 2021 signed Ministerial Instruction Number 22 of 2021 on Level 4 Community Activity Restrictions in the islands of Java and Bali.