Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year
PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous year which reached IDR 600 Billion. The largest contributor to the increase came from Re-PSF (recycled polyester staple fiber) Products which contributed IDR 461 Billion in sales, or
Indonesia Showcases High-Quality Fabrics at Intertextile Shanghai: Strengthening Footprint in the International Market
The Consul General of the Republic of Indonesia in Shanghai, Berlianto Situngkir, together with the Indonesia Trade Promotion Center (ITPC) Shanghai, attended the Intertextile Shanghai Apparel Fabrics – Spring Edition exhibition, themed "An Eminent Textile and Fabric Exhibition," in Shanghai on March 11.
Net Profit Increases, TRIS Distributes Interim Dividends
The Trisula Group, which is controlled by PT Trisula International Tbk (TRIS), a publicly listed company in the textile and garment sector is planning to distribute dividends.
TRIS to Increase Production Capacity in 2023
The Trisula Group, which is controlled by PT Trisula International Tbk (TRIS), a publicly leading and integrated listed company in the textile and garment sector with international markets and more than 50 years of experience in the industry, will increase their production capacity by around 8-10% compared to 2022.
Latest Industry
Encouraging Supply Chain Integration in the Textile and Textile Products (TPT) and Footwear Industries, the Government Prepares Various Policies
Despite facing tough challenges and the threat of recession, the Indonesian economy grew positively by 5.31% (yoy) in 2022.
Sustainable Innovation Strategy Enables Trisula Group to Exist for More than 50 Years in the Textile Industry
Trisula Group (“the Company”), is the shareholder of two Public Companies which operate in the integrated textile and garment industry, namely PT Trisula International Tbk (“TRIS”) and PT Trisula Textile Industries Tbk (“BELL”), are publicly- listed integrated apparel manufacturers which continue to innovate by creating various innovations which can improve the Company’s performance.
BELL Continues to Increase Online Sales Throughout 2021 by 38.4%
PT Trisula Textile Industries Tbk (“BELL”), a publicly listed Company that produces good quality fabric, uniform, and fashion products, continues to increase online sales in the era of digitalization.
TRIS’s Strategy to Boost Performance in 2022
PT Trisula International Tbk (“TRIS”), a publicly listed integrated apparel provider engaged in the textile and garment sectors, is optimistic that it will achieve better performance in 2022. Along with the recovery of the industry, through various strategies that will be carried out TRIS is confident that it can improve its performance. Meanwhile, in 2022, TRIS projects sales of 8% compared to 2021.
Still in Vogue, BELL Offers Various Fabric Variants
PT Trisula Textile Industries Tbk (“BELL”), an issuer of quality fabrics, uniforms, and fashion, as a textile company with more than 50 years of experience, has various fabric variants with unique features and advantages.
BELL Net Profit Increases in the Third Quarter of 2021
PT Trisula Textile Industries Tbk (“BELL”), a publicly listed company that produces good quality fabric, uniform, and fashion products, managed to record a net profit attributed to its main entity of IDR2.8 billion in the Third Quarter of 2021, an increase of 277.2% YoY compared to the the same period last year of a recorded net loss of IDR1.6 billion.
TRIS Export Market Continues to Grow in the Third Quarter of 2021
PT Trisula International Tbk (“TRIS”), a publicly listed integrated apparel provider, engaged in the textile and garment sectors, in the Third Quarter of 2021, TRIS recorded sales of IDR770.8 billion, a decrease compared to the same period last year. However, TRIS export sales have increased due to the high demand for TRIS products in the export market there are Australia, USA, and New Zealand.
Textile industry export target worth 30 billion dollars in 2025
Minister of Trade Enggartiasto Lukita supports the achievement of the export increase target set by the textile and textile products (TPT) industry up to 30 billion US dollars by 2025.
Bekraf Supports the Fashion Industry e-commerce
The Creative Economy Agency (Bekraf) encourages the growth of the national fashion subsector, among others, through workshops and export training and e-commerce for the fashion industry.
PT Pan Brothers Ensures Application of Industry 4.0 Will Not Reduce the Number of Workers
Human Resources Management General Manager of PT Pan Brothers Tbk, Nurdin Setiawan said that the implementation of industrial revolution 4.0 would not reduce the number of workers in his company.
Indonesian Products Compete at Design Competition in Japan
A total of seven Indonesian products winning the Good Design Indonesia (GDI) 2018 event will compete in G-Mark's international design competition, in Japan, in an effort to improve the competitiveness of domestic products in the international market.
Lenzing Group Introduces Special Industrial Fiber Segments From Natural Materials
Lenzing Group introduces LENZING , a special fiber brand for industrial segments derived from natural and environmentally-produced materials. LENZING fiber covers a wide range of industrial applications ranging from the agricultural sector to the engineered products sector
Ministry of Industry Encourage Young Designers to Build Pioneering Enterprises in the National Muslim Fashion Industry
the Ministry of Industry gives appreciation and support to the Association of Indonesian Fashion Designers Entrepreneurs (APPMI) in implementing Modest Fashion Project (MOFP) 2018.
President Jokowi Ensures Creative Industry Has a Bright Future
President Joko Widodo who attended the opening ceremony of the Muslim Fashion Festival (Muffest) held at JCC on Thursday (19/2018) indicates that the fashion industry is appreciated by the Indonesian government.
Digitalization Able to Boost Efficiency of National Textile Industry
National textile industry is considered ready to face digitalization Industry era . The reason, digitalization in the textile industry can encourage efficiency by conducting business transactions directly, without intermediaries.
CCI Ready to Support Local Textile Industry
For the second time, the non-profit trade association promoting Cotton Council International (CCI) held 'Cotton USA Networking 2018, Fabric Producers and Local Designers'.
Textile Industry and Textile Products Need Labor
TPT industry contributes greatly to the national economic growth, among others through the employment of as many as 3.58 million people or accounted for 21.2 percent of the total labor of the manufacturing industry.
Still Use Old Machines, Textile Industries Ask for Machine Revitalization
Most of the national textile and textile products industry (TPT) until now still use old machine tools.
Sri Rejeki Isman and Sinar Pantja Djaja will acquire two companies
PT Sri Rejeki Isman Tbk (SRIL) and PT Sinar Pantja Djaja (SPD) are planning to take over PT Primayudha Mandirijaya (PM) and PT Bitratex Industries (BI).
National Textile Industry Growth Under the Shadow of Basic Electricity Rate Rise
The government's plan to change the formula for non-subsidized electricity tariffs by including coal prices as one of the basic electricity tariff calculation components (TDL) has come under fire from textile entrepreneurs incorporated in the Indonesian Textile Association (API).