Sari Husada to expand market
Sari Husada to expand market
YOGYAKARTA (JP): Infant skim milk powder producer PT Sari
Husada said on Wednesday it would boost production capacity and
expand its overseas market this year.
Sari Husada's president Dwiyatno Siswosumarto said the
company, with a new German-made production machine worth DM 1.2
million, would boost its capacity from 5,840 tons of milk powder
per annum to 40,000 tons.
He said the company target to export more of its products to
the Asia Pacific market was to compensate for plunging local
demand.
With the help of Royal Numico NV of the Netherlands, Sari
Husada exported 7.5 million cans of infant milk powder worth
US$7.84 million to Iran last year.
The company reported a 6.7 percent increase in total sales,
reaching Rp 24 billion in 1998, with a net profit for the same
period recorded at Rp 11.8 billion. (23/cst)