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Feb 06, 2017 14:21:52

Sri Rejeki Isman eyes USD760m revenue in 2017

Sri Rejeki Isman ($SRIL) eyes USD760m revenue in 2017. According to is Corporate Secretary Welly Salam, there are three main efforts to boost sales this year, including normalisation of production capacity over new factory that slated to be commencing in mid-this year, product diversification, as well as focus on sales of high value products. This year, the company will be more conservation on its capex plan, allocating only USD15m in 2017 from USD60m in 2016. The capex would be used for maintenance purpose. (Kontan)

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