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Textile issuer PT Trisula International Tbk. (TRIS) said this year he was optimistic that export sales could increase by 15 to 20 percent. Director of TRIS, Kartono Budiman said his party would take aggressive steps to boost export sales. Expansion is also an important agenda to be carried out this year in addition to his side will continue to monitor the market carefully. "For expansion, we will continue to do it and continue to look for opportunities. We also do it while monitoring the market. We see market conditions, especially exports increasing sharply but we need to conduct careful studies and studies to expand. But expansion remains on the agenda important," he explained, Wednesday (27/4).

For information, the company's export sales grow 14.1% in 2021. The company focuses on the market share of Australia, Japan, England, America, to New Zealand. TRIS recorded export sales to third parties of IDR 577.5 billion in 2021, up from IDR 520.6 billion in 2020.

He explained that his party was grateful that in the midst of the pandemic they were able to control their performance. In the fourth quarter of 2021, his party began to regain a rhythm to sell, especially in the export market.

His party cooperates with customers and suppliers, so that they can get around the scarcity of raw materials and logistical barriers that occurred in the first quarter of 2022.

Furthermore, TRIS said that the performance in the first quarter of 2022 is projected to be better than the same period last year, both in terms of sales and company profits.

This is assessed from the development of digital marketing YukShopping, an online gateway for Trisula products. In addition, just ahead of Lebaran, TRIS has recorded an increase in sales both online and offline, by 15% to 20%.

This happens in the domestic market only. "This year, we are targeting a 10% increase in revenue or Rp 1.2 trillion and a net profit of 25% or Rp 5.8 billion," he continued.

Regarding capital expenditures, this year TRIS allocated Rp 21.5 billion from internal cash, retained earnings and bank loans.

In 2021, TRIS achieved sales of IDR 1 trillion or experienced a 3.8% correction from IDR 1.14 trillion on an annual basis or year-on-year (yoy).

On the other hand, in 2021 TRIS recorded an operating profit of Rp 43.8 billion, up 30.5% YoY from Rp 33.5 billion. The company was also able to reverse the loss into profit attributable to the parent of Rp 4.7 billion in 2021.