JAKARTA (Yosefardi) – PT Mandom Indonesia Tbk (TCID) targets its sales to grow double digit and by the end of 2016, sales is targeted to reach Rp3 trillion.
In 2013, the company recorded sales of Rp2.03 trillion, grew by 9.5% compared to previous year. Sales of fragrance products supported the growth and recorded growth by 16.2% compared to previous year.
Mandom’s shareholders had approved the dividend payment of Rp74.40 billion or Rp370 per share with payout ratio of 46.5% for 2013 fiscal year.
The company is currently in the process of constructing new office and factor and factory and is targeting to complete the construction at the end of this year. Then the relocation process can be started in early 2015.