JAKARTA - PT Superior Prima Sukses Tbk (BLES) is optimistic that it can achieve performance growth above 10% as it operates its fifth plant in mid-2025.

Andrew, Corporate Secretary of BLES, said that the installed capacity of the company's factories will reach 5.6 million m3 per year with the operation of plant five in Banjarnegara, Central Java. ‘With the additional capacity from plant five coupled with increased utilisation of plant one in Mojokerto and plant two in Lamongan, after the addition of machine capacity last year, the company is optimistic that it can achieve double-digit growth in 2025,’ he said in a stock exchange filing on Thursday (27/3).

Throughout 2024, the issuer collected net revenue of IDR 1.46 trillion, up 7.3% from IDR 1.36 trillion in 2024. Lightweight brick products accounted for 90% of total sales of Rp1.45 trillion and cement mortar for Rp5.3 billion.

Gross profit was Rp469 billion, up 11.4% from Rp420 billion. Gross profit margin grew about 1.2 basis points (bps) to 32% from gross profit margin of 30.9% and net profit reached IDR160.3 billion, up 8.8% from IDR147.30 billion. In addition, BLES recorded total assets of IDR1.84 trillion, up 20.2% from IDR1.52 trillion. The increase in assets came from the growth of non-current assets of Rp407.6 billion. (LK/LM)