The company targets revenue amounting to IDR 5.14 trillion (USD $450.9 million) by the end of 2013 from IDR 4.1 trillion (USD $359.6 million) in 2012. Net profit is expected to rise to IDR 326 billion (USD $28.6 million) from IDR 229 billion (USD $20.0 million) in 2012.

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Financial Highlights of Sritex:

     2010    2011    2012
Revenue
 2,214.2  2,317.5  2,851.0
Gross Profit    382.5    460.9    617.7
Operating Income    271.4    360.1    461.8
Income before Tax    190.9    219.1    307.1
Net Income    142.2    161.5    229.3
Total Assets  2,115.5  2,747.2  3,553.8
Total Liabilities  1,409.2  1,653.1  2,230.3
Earnings per Share¹    10,94    12,43    17,65

in billion of IDR rupiah except otherwise stated
¹ in IDR rupiah

Source: Sri Rejeki Isman, Statements of Comprehensive Income Years Ended December 31, 2012, 2011 and 2010

Future Projection Financial Highlights of Sritex:

    2012  2013F  2014F  2015F
Net Income   229.3   325.0   446.0   599.0
Earnings per Share¹   17,65     20     24     32
P/E Ratio    14,2    12,5    10,4     7,8

in billion of IDR rupiah except otherwise stated
¹ in IDR rupiah

Source: Investor Daily & Bahana Securities

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