JAKARTA – Textile and garment issuer PT Trisula International Tbk (TRIS), has prepared IDR 30 billion in capital expenditure (capex) for 2025.

Widjaya Djohan, President Director of TRIS, stated that this capex allocation is flexible and dependent on the company's growth.

“If the Q1-2025 growth results are positive, we will continue using this capex for Q2-2025,” he said during a press conference in Cimahi, Bandung, on Thursday (27/2).

Widjaya added that the capex budget will focus on improving the company’s productivity and quality.

At the same event, Heru Jatmiko Harrianto, Director of BELL, explained that approximately IDR 17 billion of the total capex will come from PT Trisula Textile Industries Tbk (BELL).

These funds will be used to expand BELL’s retail business, with IDR 6 billion allocated to its JOBB and Jack Nicklaus brands, while IDR 12 billion will be invested in BELL’s factory.

This investment includes the development of the Trisula Innovation Center and support for machinery upgrades to enhance the company’s productivity and production efficiency.

According to IDNFinancials.com data, TRIS posted sales of IDR 1.08 trillion, growing 3.5% year-on-year (yoy) as of September 2024.

“The main factor driving TRIS' sales growth in 2024 was the manufacturing segment, particularly fabric and garment production,” Heru said.

Additionally, TRIS' net profit for the period increased by 15.7% yoy to IDR 62.23 billion in the first nine months (9M) of 2024. (DK/KR/ZH)