Tuesday, August 23, 2011

"Eratex Target Sales USD 30 Million at End of Year"


JAKARTA - PT Eratex Djaja Tbk (ERTX) targeting the sale until the end of theyear could reach $ 30 million.

"The sales target is based on the company's production operations are now more efficient. If the first of its exports often late, because of unstable financialcondition, but now now because its financial condition has improved, so that everything on time so no need to pay overtime, so to end my year optimistic that sales could reach $ 30 million, "said Financial Controller ERTX WordWahyudi when met in the EGM, Jakarta, Tuesday (23/08/2011).

Until the first half of 2011 the company had posted sales of $ 14 million andestimated seebsar July to December 2011 sale of the company will be posted sales of approximately USD16-USD17 million.

As information, the issuer is engaged in textile products produced as much as 98 percent in exports to foreign countries, namely the United States (U.S.) and Europe while its local only approximately 1.2 percent.

So far, the company claimed to have been hit by the worsening U.S. economy and Europe. This is due to bookings from August to October 2011 sales havebeen booked so that the company had not yet felt the impact of the worseningpersekonomian of the two countries.

"Although it has not been felt, I thought not would not be too influential on the company because the crisis is not as bad as the 2008 set," he concluded.

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