JAKARTA - PT Agung Menjangan Mas Tbk (AMMS) is targeting to secure additional IDR 15 billion through reinforcing its collaboration with the Indonesian Market Traders Association (lit. Asosiasi Pedagang Pasar Seluruh Indonesia/Asprindo).

Hartono Limantoro, President Director of Agung Menjangan Mas, claimed that the cooperation with Asprindo in the first half of 2023 will be in relation to frozen fish distribution to several markets in Java. “It does not limit the possibility of the distribution of those products to all regions of Indonesia,” he said in the information disclosure quoted Friday (17/3).

Through this collaboration, Limantoro is targeting the company to secure additional sales worth IDR 10 billion to IDR 15 billion per year. After a year debuting in the stock exchange, the company has consistently shown positive performances.

In 2022, AMMS booked IDR 10 billion of revenue and IDR 3 billion of profit. (LK/ZH)