Jakarta - PT Estika Tata Tiara Tbk (BEEF) recorded a surge in revenue throughout September 2024. The company's total revenue reached IDR 2.64 trillion, a drastic increase compared to the same period last year which only reached IDR 383.6 billion or equivalent to 589%.

This surge was driven by a large contribution from the company's main segment, distribution & sales, which contributed IDR2.63 trillion. This large contribution reflects the strengthening of distribution channels and wider market penetration. Meanwhile, processed food products only contributed IDR14.23 billion.

In the processed food segment, the leading products that contributed significantly to total revenue were Sausage products at IDR2.98 billion (25% of total processed segment), Murato (IDR2.61 billion or 22%), Saikoro (IDR1.23 billion or 10%), Yakiniku and Kipao contributed 10% and 9% respectively. then other products such as Naget, Minced Beef, and Meatballs contributed 8% and 7% respectively.

The company's revenue also includes several key categories including live cattle (IDR118.6 billion), meat (IDR2.48 billion), makloon (IDR2.66 billion), slaughter services (IDR2.5 billion). 

Revenues from these various categories demonstrate successful business diversification in anticipating market challenges.

BEEF President Director, Imam Subowo, is optimistic about the company's future performance. “We are committed to continuously improving product innovation, expanding our distribution network,” he said. (/LM)