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Home arrow Latest News arrow Sritex Expect Increased Exports to Saudi Arabia

Sritex Expect Increased Exports to Saudi Arabia PDF Print E-mail
Written by Maizer   
Tuesday, 14 March 2017

Sri Rejeki Isman PT Tbk (Sritex) is still minimal in exports to Saudi Arabia. Of the total revenue, less than 1% of exports to Saudi Arabia. The arrival of the King of Saudi Arabia to Indonesia opened an opportunity for the Company with the issuer code SRIL to expand textile and apparel exports to Saudi Arabia.


The products being exported to Saudi Arabia is the army used military uniforms Kingdom of Saudi Arabia. The Company expects, exports to Saudi Arabia is not only military clothing.


SRIL Management has prepared the expansion of the export market to Saudi Arabia and trying to increase production capacity is still in progress. While the new plant is scheduled to be operational this year, so it is not a large capital expenditure.


The factory located in Central Java this will increase production capacity by 16% SRIL spinning so 654,000 bales per year. Then, weaving an increase of 50% to 180 million meters per year, dyeing / finishing jumped 100% to 240 million yards per year, and the garment up 67% to 30 million pieces per year.


To push the margin remained stable, the company will focus on increasing the value of products and the efficiency of production and the development of value-added products.


SRIL boost business segment finishing and garment because it has a higher margin than the business of spinning and weaving. Currently, the finishing segment has a gross margin of 25% and 32% of garment segment, segment gross margin while only 13% of spinning and weaving business 18%.


For the future, SRIL plans to develop an integrated industry in Kalimantan. The company will open Industrial Plantation Forest to supply raw materials to the pulp mill and subsequently producing rayon and estuary produce yarn.



Sritex Harapkan Peningkatan Ekspor ke Arab Saudi


PT Sri Rejeki Isman Tbk (Sritex) masih minim dalam melakukan ekspor ke Arab Saudi. Dari total pendapatan, kurang dari 1% ekspor ke Arab Saudi.


Kedatangan Raja Arab Saudi ke Indonesia membuka kesempatan bagi Perusahaan dengan kode emiten SRIL tersebut untuk meperbesar ekspor tekstil dan pakaian jadi ke Arab Saudi.


Adapun produk yang di ekspor ke Arab Saudi adalah seragam militer yang digunakan tentara Kerajaan Arab Saudi. Perseroan berharap, ekspor produk ke Arab Saudi tidak hanya pakaian militer.


Manajemen SRIL sudah mempersiapkan ekspansi pasar ekspor ke Arab Saudi dan berusaha menambah kapasitas produksi yang masih dalam pengerjaan. Sedangkan pabrik baru rencananya akan beroperasi tahun ini, sehingga belanja modalnya sudah tidak besar.


Pabrik yang berlokasi di Jawa Tengah ini akan menambah kapasitas produksi spinning SRIL sebesar 16% jadi 654.000 bales per tahun. Lalu, weaving meningkat 50% menjadi 180 juta meter per tahun, dyeing/finishing melonjak 100% menjadi 240 juta yard per tahun, dan garmen naik 67% menjadi 30 juta potong per tahun.


Untuk mendorong margin tetap stabil, perseroan fokus meningkatkan value produk dan melakukan efisiensi produksi maupun pengembangan produk bernilai tambah.


SRIL mendongkrak segmen bisnis finishing dan garmen karena memiliki margin lebih tinggi dibanding bisnis spinning maupun weaving. Saat ini, segmen finishing mempunyai gross margin 25% dan segmen garmen 32%, sedangkan gross margin segmen spinning hanya 13% dan bisnis weaving 18%.


Untuk kedepanya, SRIL berencana mengembangkan industri terintegrasi di Kalimantan. Perseroan akan membuka Hutan Tanaman Industri untuk memasok bahan baku ke pabrik pulp dan selanjutnya memproduksi rayon dan muaranya menghasilkan benang.

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