automotive

BELL Is Confident It Will Meet Its 2024 Goals After Maintaining A Positive Performance Trend

PT Trisula Textile Industries Tbk (“BELL”), a company that provides quality fabrics, uniforms, and fashion, has maintained a positive performance trend throughout 2024. Despite facing various challenges in the domestic textile industry, the company has shown strong financial results, with increased sales and profits up to the third quarter of this year.

With positive performance noted until the third quarter and growth potential in each business segment, BELL is optimistic about achieving its previously set target of 15% by the end of 2024.

To ensure consistent product quality and meet market demands, BELL is actively investing in its production machinery. This year, the company has invested in a washing dryer machine, which is expected to be operational by December. This investment aims to enhance energy efficiency in water, electricity, and other energy uses, while also reducing production costs.

“The current situation in the industry requires consistency in operations and resource optimization. Therefore, we recognize the importance of investing in production machinery,” said Karsongno Wongso Djaja, CEO of BELL.

In addition to machinery investments, BELL is also focusing on boosting sales, particularly in the uniform sector, by actively participating in tenders from both government and private sectors. Most of BELL's uniform clients come from government agencies, banks, and well-known airlines.

By prioritizing quality and flexibility to meet market needs, BELL will continue to expand its uniform business, collaborating with consumers across various fields. As of September 2024, the uniform segment reported Rp69.43 billion, a 29% increase compared to the same period last year.

By September 2024, all BELL segments showed growth, including manufacturing, uniforms, distribution, and retail. As a result, sales recorded by the third quarter increased by 19% year-on-year to Rp426.36 billion.

Tag: BELL Trisula Textile Industries