JAKARTA - PT Catur Sentosa Adiprana Tbk (CSAP) is optimistic that the revenue target by the end of this year will exceed the revenue realization in 2022, which stood at IDR 15.44 trillion.

Surjati Tanril, Director of PT Catur Sentosa Adiprana Tbk (CSAP), stated that the company aims to achieve revenue of IDR 17 trillion by the end of 2023, representing an 8.4% increase from the actual sales figure of IDR 15.44 trillion in 2022. " Net profit is targeted at Rp 244 billion," he added.

To accomplish this goal, the issuer plans to implement several strategies, including the establishment of five new outlets in Jabodetabek, Sumatra, Kendari, Sulawesi, and Kalimantan. The company has allocated IDR 1.3 trillion for capital expenditure (capex), with 85% allocated to retail segment development and 15% to the distribution segment.

In 2022, the issuer experienced a growth of 8.51% in actual revenue compared to the realized revenue of IDR 14.32 trillion in 2021. Profit in 2022 reached IDR 263.26 billion, up from IDR 225.31 billion in 2021 (LK/W)