Intraco expects sales up

JAKARTA (JP): Publicly listed PT Intraco Penta, a heavy equipment distribution company, said yesterday it expected its total sales turnover to increase to Rp 183.4 billion (US$74.91 million) this year from Rp 179.3 billion in 1996.

Intraco's finance director Petrus Halim said its heavy equipment sales had doubled every year in the past five years from Rp 8 billion in 1992.

"Our heavy equipment made up 60 percent of our total sales," he said, adding that the remainder was generated by spare parts.

Last year, Intraco's net profit rose 35 percent to Rp 4.1 billion. (das)