Kusuma Kemindo Raises Revenue Of IDR 231 Billion In 2022

JAKARTA - PT Kusuma Kemindo Sentosa Tbk (KKES) managed to record a positive performance in 2022. The company's revenue realization was able to grow 2 percent over the past year.

Although it is thin, the revenue achievement is considered worthy of appreciation amid the pressure that occurs, especially at the global level in the form of geopolitical conditions for Russia-Ukraine roles, soaring inflation and weakening currencies that hit a number of countries.

Until the end of 2022, KKES managed to record sales of IDR 231 billion, a slight increase compared to the realization in 2021 which was still IDR 226 billion.

From this achievement, the chemical distributor was able to set aside a comprehensive profit of IDR 6.6 billion, or a 64 percent reduction compared to the 2021 realization which was still IDR 18.7 billion.

"This comprehensive decrease in profit is because in 2021 we posted a fixed asset sales profit of IDR 7.3 billion," said KKES Corporate Secretary, Melly Elita, in a written statement, Tuesday, March 28.

Furthermore, Melly said, even though the percentage seemed to decrease, he ensured that his party was still able to achieve a comprehensive profit well, amidst global pressures that still had an impact on sluggish market demand and the depressed price of several raw materials.

With this positive performance trend, Melly also stated that her party is very optimistic that it can achieve an increase in revenue this year, although global challenges have not subsided.

"We have prepared a number of strategies to maintain the company's positive performance trend that can continue this year," said Melly.

Some of the strategies involved, continued Melly, include increasing the quantity of products that have better margins. Then also add sales branch offices in Karawang, Medan, and Denpasar to expand the coverage of distribution areas and add new customers.

In addition, KKES also continues to strengthen the sales team by adding productive sales headcounts. Finally, increasing the procurement of goods more optimally to support sales more optimally.

"And the most important thing is that managing the Company's capital becomes even better," said Melly.

Not only that, the KKES called Melly also continues to take strategic steps and continues to strengthen its position in the raw material distribution market, in the industrial segment that has been handled.

"We will also in the near future realize the naming of several branch offices to strengthen sales performance," he explained.

In addition, KKES has also succeeded in adding several new products, such as Hydrogen Peroxide (H2O2j, Benzyl Benzoate, Alkyl Phenolic Resin, Eberle Specialty Product, Monosodium Glutamate (MSG) and others which are widely used for the textile industry, cleaning (cleaning), coloring (dyeing), paper, skin, glue (gluing), and others.

"We are also increasing the strength of productive sales headcounts to support and strengthen sales teams and get new customers as well as strengthen relationships with existing customers," he concluded.