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Home arrow Latest News arrow Growth of Pan Brothers 2020 Contracts Expected to Rise 15%


				
			
			
Growth of Pan Brothers 2020 Contracts Expected to Rise 15% PDF Print E-mail
Written by Maizer   
Monday, 20 January 2020

PT Pan Brothers Tbk (PBRX), one of the largest textile companies in Indonesia, estimates that the acquisition of contracts in 2020 will grow by around 15%.

 

Iswar Deni, PBRX Corporate Secretary, said the growth will be supported by garment exports from existing buyers. "We are the majority 97% exported. We are also optimistic that this will be a positive catalyst this year, "Deni.

 

Deni explained that currently the PBRX export market is spread in the United States, Asia, Canada and New Zealand. To maintain the supply of export products, PBRX has prepared additional production and factory digitization.

 

This year, the company will have an additional production capacity of 6 million pieces. In 2021, the company targets its production capacity to reach 130 million pieces of ready-made clothing.

 

 

 
		
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