Multi Indocitra Targets to Increase Profit by 74 Percent
www.bisnis .com, 2006-04-07
PT Multi Indocitra Tbk, distributor of Pigeon baby products, targets to obtain Rp.48 billion in profit, or a profit increase of 74 percent, this year. Per 31 December 2005, the company received an income of Rp.194.84 billion, which was 22.1 percent higher than 2004’s profit. Its two factory facilities, PT Multielok Cosmetics and PT Pigeon Indonesia, support Multi Indocitra’s performance. Pigeon Indonesia manufactures baby care products for the Pigeon brand that is both marketed locally and internationally.