Mandom profits at Rp129 billion

Consumer products player PT Mandom Indonesia (TCID) Tbk reported unaudited net profit of Rp125 billion last year on sales revenue of Rp1.388 trillion.

Mandom told stock market authorities this morning that the company seeks total sales of Rp1.54 trillion this year and about Rp2 trillion by 2013. Domestic market contributed to Rp1.037 trillion of sales revenue last year, while export at Rp315 billion.

Mandom reported stable profitability in the past few years. In 2008, the company booked net profit of Rp114.8 billion, increased slightly from Rp111 billion in 2007. Sales revenue also grew from Rp1.02 trillion in 2007 to Rp1.24 trillion in 2008. So, last year sales growth would be around 12%.

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