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”) - 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.

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