JAKARTA. PT Sri Rejeki Isman Tbk or Sritex (SRIL) will conduct trial on its newly established factory in Solo, Central Java in the beginning of 2017, while the company plans to start the factory operation in the middle of 2017. The new factory is predicted to support the company to meet the target of 8%-12% in sales in 2017. SRIL projects that the new factory may increase the productions of spinning and weaving by 16% to 654,000 bales per year and by 50% to 120 million meter per year, respectively. During the period, the productions of dyeing and finishing, as well as manufacturing garment will raise by 100% to 240 yard per year and by 67% to 30 million pieces per year, respectively.
Sritex sets to sales rinse in 2017
JAKARTA. PT Sri Rejeki Isman Tbk or Sritex (SRIL) will conduct trial on its newly established factory in Solo, Central Java in the beginning of 2017, while the company plans to start the factory operation in the middle of 2017. The new factory is predicted to support the company to meet the target of 8%-12% in sales in 2017. SRIL projects that the new factory may increase the productions of spinning and weaving by 16% to 654,000 bales per year and by 50% to 120 million meter per year, respectively. During the period, the productions of dyeing and finishing, as well as manufacturing garment will raise by 100% to 240 yard per year and by 67% to 30 million pieces per year, respectively.