PT Inti hopes to increase sales, profits
PT Inti hopes to increase sales, profits
BANDUNG, West Java (JP): PT Industri Telekomunikasi Indonesia
(Inti), the state-owned telecommunications equipment
manufacturer, targets a seven percent increase in sales and
profits this year, the company's president says.
Arsyad Ismael told reporters visiting the company over the
weekend that Inti's sales increased to Rp 344.58 billion last
year from Rp 257.74 billion in 1992, while its profit rose to Rp
51.3 billion from Rp 33.33 billion in 1992.
The company's sales were recorded at Rp 184.92 billion in 1990
and Rp 280.7 billion in 1991 and its profits at Rp 25.48 billion
and Rp 45.78 billion, respectively.
Inti, which produces telecommunications switching boards,
small earth stations, transmission facilities and telephone
terminals, sells its products to PT Telekomunikasi Indonesia
(Telkom), the state-owned domestic telecommunications monopoly,
PT Indosat, the state-owned international telecommunications
service firm, government institutions and private companies. It
has also exported small earth stations to Malaysia.
Arsyad said Inti could actually increase its sales and profits
if Inti were allowed to manufacture components for
telecommunications projects financed by foreign aid.
"So far, Indonesia is required to purchase components for its
telecommunications projects from countries providing financial
aid for them," he said.
The government has assigned Telkom to install five million new
telephone lines throughout the country within the just begun
Sixth Five Year Development Plan (Repelita VI) period. Within the
Repelita V period, Telkom constructed three million telephone
lines, of which Inti provided the materials for 2.1 million
lines.
Inti has expanded its annual production capacity 75 percent to
700,000 telephone lines by operating a robotic instrument which
utilizes surface mounting technology. The expansion cost Rp 3
billion.
Establishment
Inti, which is supervised by the Agency for the Management of
Strategic Industries (BPIS), was set up in 1966 when the state-
owned post and telecommunications company PN Postel signed an
agreement with Siemens AG of the Germany to establish a research
and development center for the manufacture of telecommunications
equipment. In 1974, the center became Inti under the supervision
of the Ministry of Tourism, Post and Telecommunications. The
supervision was transferred to BPIS in 1989.
Arsyad said Into, in its attempts to enter the international
market, has cooperated with several foreign telecommunications
companies, including Siemens, BTM of Belgium, TRT/Phillips of
France and NEC of Japan.
Inti, which recently introduced mobile public telephone
services, has a new headquarters, a 10-story building in Bandung.
The Rp 18.8 billion building will be inaugurated by President
Soeharto today, along with other telecommunications projects,
including the Telecommunications Institute in Bandung and
outside-plant maintenance centers in seven cities valued at more
than Rp 2 trillion. (icn)