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Ever Shine Tex eyes US$70 million sales

JAKARTA: PT Ever Shine Tex Tbk eyes US$70 million sales in 2011 following the operational plan of its subsidiary, PT Primarajuli Sukses, in the first quarter of 2011.Assuming rupiahs exchange rate at IDR9,000 a US dollar, the company is projected to

JAKARTA: PT Ever Shine Tex Tbk eyes US$70 million sales in 2011 following the operational plan of its subsidiary, PT Primarajuli Sukses, in the first quarter of 2011.Assuming rupiahs exchange rate at IDR9,000 a US dollar, the company is projected to gain IDR630 billion net revenue.Director of Ever Shine Tex Erlien L. Surianto confirmed that the company has allocated IDR29.9 billion capital expenditure (capex) to construct a factory, a gas station, chiller and air treatment system as well as other supporting facilities.With the operation of Primarajuli Sukses which uses gas, the company targets to suppress the production cost, especially for energy to the range of IDR900 million-IDR1 billion a year.The other subsidiary, PT Indo Yongtex will be released early next year if it gets appropriate price and prospective buyer.Hence, the operational activities in Indo Yongtex Jasa will befully taken over by Primatajuli Sukses. (T01/NOM)

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