JAKARTA. PT Trisula Textile Industries Tbk (BELL), an issuer providing fabric and apparel, posted a net profit of IDR 12.82 billion in the first nine months (9M) of 2024.

This gain increased 5% year-on-year (yoy) or compared to the same period last year, where the company only posted a net profit of IDR 12.16 billion.

According to the financial report that has been released, BELL's net profit growth in 9M 2024 is in line with sales performance which reached IDR 426.36 billion. The company's sales in 9M 2024 increased 19% yoy.

The manufacturing business line is still the main contributor to BELL's sales, with revenues of IDR 222.68 billion. The uniform business line contributed IDR 69.42 billion, distribution IDR 141.05 billion, and retail IDR 130.45 billion.

"We believe that good financial performance growth is also driven by the products produced by the Company, so that customer loyalty can be maintained." said Karsongno Wongso Djaja, President Director of BELL, in his official statement.

For the record, BELL has just expanded its factory in Solo, which is specifically for apparel production and is already operational. Apart from that, the company has also expanded its domestic market reach through JOBB and Jack Nicklaus retail. (KR/LM)