Manufacturers Profits Rise 20 Percent Beer
PT Multi Bintang Indonesia posted a 20.07 percent rise in net profit or Rp 690.35 billion in the first semester of 2013. The increase in profit was seconded beer sales in the domestic market.
In a disclosure, Tuesday, July 30, 2013, local sales Multi Bintang Rp 2.08 trillion or 99 percent of the value of the company’s total sales. Beer sales revenue accounted for 88.8 percent or Rp 1.54 trillion. The rest is supported by the sale of non-beer beverages.
According to the President Director of PT Multi Bintang Indonesia, Chin Kean Huat, there are two major customers that a sales increase of more than 10 percent. Both are Indonesia’s PT Gitaswara sales accounted for 14 percent and PT Bintang Bali Indah by 11.8 percent.
For gross profit, Multi Star posted an increase of 26.8 percent or Rp 1.34 trillion. Multi Bintang business profit reached Rp 926 billion, up 22 percent from the same period in 2012.
Multi Bintang Indonesia is a subsidiary of Asia Pacific Breweries Limited (APB), one of the major players in the international beer industry. Through the mill in Sampang Agung, Mojokerto, East Java, and Tangerang, Banten, Multi Bintang producing famous drinks, such as Bir Bintang, Heineken, Guinness, Bintang Zero, and Green Sands.