JAKARTA - PT PT Sarimelati Kencana Tbk (PZZA) generated Rp 2.93 trillion of net revenues in the third quarter of 2019, rose by 14.2% compared with Rp 2.57 trillion in the same period last year. The growing net sales also supported the net sales target realisation in 2019 approximately by 13%-15%.

 

The growth of net sales were following the increase in the period. "For net profit margin, our guide in 2019 is 4% -5%, whereas we have realised 5.1% until the third quarter of this year," said Frederick Estrada Cadlaon, the Director of PT Sarimelati Kencana Tbk (PZZA).

 

According to him, the company aims to reach the net profit margin to grow by 4%-5% at the end of this year. In the third quarter of 2019, its net profit growth was recorded at 5.1% from Rp 101 billion to Rp 149 billion. (LK/W)