JAKARTA (Yosefardi) – Consumer goods producer PT Mandom Indonesia Tbk (TCID) booked net profit of Rp160.15 billion in 2013, grew by 6.7% from Rp150.37 billion in 2012.
Net sales increased 9.5% to Rp2.03 trillion from previous Rp1.85 trillion. Sales to PT Asia Paramita Indah totaled Rp1.45 trillion.
Sales of fragrance products recorded double digit growth by 16.2% to Rp570 billion, compared to Rp491 billion in 2012, contributed 28% of total company’s sales. While second highest growth was recorded by skin care and make up products which grew by 8.8% from Rp680 billion in 2012 to Rp739 billion in 2013.
Operating expenses also rose 17% to Rp551 billion. The operating profit was Rp225.89 billion, a 7% rise from Rp210.09 billion in 2012. Its assets increased 16% to Rp1.46 trillion while liability amounted Rp281.9 billion.
Mandom targets double digit growth for 2014 both in domestic and export market. It also sets an ambitious sales revenue target of Rp3 trillion by 2016, which is 50% growth in three years.