JAKARTA (Yosefardi) – State pharmaceutical company PT Indofarma Tbk (INAF) targets 15-20% margin growth for health food products.
Its partner Canada’s Clarovita Nutrition Inc. is set to supply 10 health food products this year. INAF expects additional revenue of up to Rp20 billion health food products.
The company is targeting revenue of Rp1.7 trillion this year. INAF suffered loss of Rp23.8 billion in the first half of this year on net sales of Rp462.78 billion. Its assets reached Rp1.25 trillion while liability amounted Rp679 billion.