Panca Budi Idaman (PBID) Targets 10% Revenue Growth in 2024, Here's the Strategy

CORPORATE STRATEGIC - JAKARTA. NEW YORK. PT Panca Budi Idaman Tbk, a leading plastic packaging issuer in Indonesia, is projecting a revenue growth of approximately 10% this year. Meanwhile, the net profit margin is targeted to grow within the range of 8% to 10%.

To achieve this target, Lukman Hakim, the Director and Corporate Secretary of PT Panca Budi Idaman Tbk revealed several strategies to be implemented. These include expanding market share and distribution reach by establishing distribution warehouses, particularly in Eastern Indonesia and outside Java.