TRIS’s Strategy to Boost Performance in 2022

By : Nata Kesuma | Saturday, February 26 2022 - 20:00 IWST

PT Trisula International Tbk (“TRIS”)
PT Trisula International Tbk (“TRIS”)

INDUSTRY.co.id - Jakarta, February 26, 2022 – PT Trisula International Tbk (“TRIS”), a publicly listed integrated apparel provider engaged in the textile and garment sectors, is optimistic that it will achieve better performance in 2022. Along with the recovery of the industry, through various strategies that will be carried out TRIS is confident that it can improve its performance. Meanwhile, in 2022, TRIS projects sales of 8% compared to 2021.

Santoso Widjojo as the President Director of TRIS explained, “TRIS believes that this year will be better and our projections for 2022 are quite realistic considering the looming economic uncertainty, despite the gradual recovery of the Indonesian economy from the Covid-19 pandemic. This year TRIS will continue to focus on the garment sector with its existing core business, both the export and domestic sectors. On the other hand, we will also continue to develop quality products,”

The products that contributed the most to TRIS sales were garment exports by 60%. Currently we continue to focus on reaching key markets, namely the USA, Australia, New Zealand, Singapore, and Japan, since opportunities from these countries are  quite  large. 

This  can  be  seen from TRIS     products,     which     have   many enthusiasts and are also included in essential products, so even though TRIS is in a pandemic conditions, it can still continue to produce.

This is in line with the prediction from Bank Indonesia1) that in 2022 the Indonesian economy will grow by 4.7% to 5.5% which is also driven by the continued improvement in the global economy which has an impact on export performance which remains strong.

Seeing the opportunity with the start of the global economic recovery that is growing in a better direction, TRIS will boost its performance to strengthen the garment sector. TRIS garment products are produced through its subsidiaries, namely PT Trisco Tailored Apparel Manufacturing and PT Trimas Sarana Garment Industry. The products that are the mainstay and as the largest contributor to TRIS are formal and informal garments, functional clothing, and protective wear.

Another strategy implemented this year, TRIS is also developing new products and new business models to serve market needs. One project that is being developed and well received by the market is made- to-order garment. In this project, TRIS is required to be flexible in planning production and procurement. In addition, TRIS will continue to develop and actively carry out marketing strategies through various digital platforms including Trisula Group’s E-Commerce, namely Yukshopping.com.

“Seeing the growth of the National economy which is growing in a better direction, TRIS is optimistic that it can improve its good performance this year. TRIS will also continue to establish an integrated work system, as well as synergize every business process to optimize our performance,” Santoso concluded.

News Comment

Today's Industry

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…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…