Surya Biru Murn Is Increasingly Optimistic To Close 2023 With Revenue Of IDR 123 Billion

Photo: Doc. PT Surya Biru Murni Acetylene Tbk (SBMA)

JAKARTA - Entering the fourth quarter of 2023, the issuer of the chemical and gas industry PT Surya Biru Murni Acetylene Tbk (SBMA) is increasingly confident in closing this year with a significant positive note.

Rini Dwiyanti, President Director of SBMA, said that the company has set performance growth in 2023 since the beginning of the year and until now it is still on the track with the largest market segmentation still dominated by Mining for Balikpapan, then Reseller (RDMP) and a fabrication & machine company.

"That way, Surya Biru Murni Acetylene is optimistic that it will close in 2023 with revenues worth IDR 123 billion," Rini said in a statement to the media, Tuesday, October 17.

Referring to the company's achievements in previous years, last year in 2022 SBMA posted revenues of IDR 103.64 billion and in 2021 revenues of IDR 88.26 billion.

"So that SBMA's performance has continued to grow since recording shares on the Indonesia Stock Exchange and utilizing IPO funds for sustainable business development," said Rini.

Amid the turmoil and international and domestic instability approaching the political year, more than 60 percent of SBMA's businesses are based on customer control power and none of them are the majority so that they are more resistive and resilient to the effects of any change.

By always maintaining the availability of raw material stocks, keeping the company's internal climate conducive and always prioritizing better service to customers, that is SBMA's strategy in dealing with political years so that it is not affected at all by the hustle and bustle of the political year.

The SBMA customer base is mostly commodity goods and most of them are export goods, so SBMA remains optimistic in the event of this political year.

The Company received many liquid requests including the Kalimantan Industrial Estate project, which is a government project. The Company experienced an increase in the Liquid Manufacturing sector by 10 percent and will continue to increase every month.

"As long as the petroleum industry, petrochemicals, based on basic needs, communities such as fertilizers, coal, shipping nickel and palm oil industries do not experience significant contractions, SBMA will always be optimistic in running business and will always develop," concluded Rini.