Sarinah expects more gains

Sarinah expects more gains

JAKARTA (JP): PT Sarinah, the state-owned retailing company, expects that its revenues will increase to Rp 90 billion (US$39.3 million) this year from last year's Rp 79.7 billion, the firm's director for operations, Ilham Asid said yesterday.

He told The Jakarta Post that the company expects to gain an after-tax profit of Rp 6 billion, as compared to last year's profit of Rp 3.8 billion.

Sarinah, which was established by Indonesia's first president, Soekarno, is famous among foreign tourists with its traditional handicrafts collected from various parts of the country.

Asid said at least 1,500 foreign tourists visit Sarinah's handicraft counter a day. (aks/01)