Wed, 24 Jul 1996

Mulia Industrindo's sales up

JAKARTA (JP): PT Mulia Industrindo, a publicly-listed manufacturer of ceramic tiles and glass products, announced yesterday a 73 percent increase in its sales revenue to Rp 227 billion (US$98 million) in the first half of this year.

The company said the significant increase was due mainly to the commercial production of its new plants, including its second block glass factory (with an annual capacity of 21,600 tons), second bottle glass production unit (57,600 tons), second flat glass production unit (216,000 tons) and first floor ceramic tile plant (5.4 million square meters).

No profit figures were presented, however. (alo)