PT Trisula Textile Industries Tbk (BELL) Maintains Positive Performance Trend, Confident to Achieve 2024 Target

PT Trisula Textile Industries Tbk (“BELL”), a listed company providing high-quality fabrics, uniforms, and fashion products, has successfully maintained a positive performance trend throughout 2024. Despite ongoing challenges in Indonesia’s textile industry, the Company has delivered strong financial results, with increases in both sales and profit through the third quarter of the year.

Thanks to this sustained growth and untapped potential across all business segments, BELL remains optimistic about reaching its 2024 target of 15% growth by the end of the year.

To ensure consistent product quality and continue meeting market demand, BELL has been actively investing in its production machinery. This year, the Company invested in a new washing dryer machine, which is scheduled to begin operations in December. The investment is part of BELL’s initiative to improve energy efficiency in water, electricity, and other resources. In addition to lowering energy consumption, this optimization is expected to reduce overall production costs.

“The current situation in the industry calls for operational consistency and resource optimization. That’s why we recognize the importance of investing in our production capabilities,” said Karsongno Wongso Djaja, President Director of BELL.

Beyond machinery upgrades, BELL is also focused on increasing sales, particularly through its uniform business, by actively participating in both government and private tenders. The majority of BELL’s uniform clients come from government institutions, banks, and well-known airlines.

With a strong focus on quality and flexibility to meet market needs, BELL continues to expand its uniform business through close collaboration with clients from various industries. As of September 2024, the uniform segment recorded IDR 69.43 billion in sales, a 29% increase compared to the same period last year.

By the end of Q3 2024, all of BELL’s business segments — including manufacturing, uniforms, distribution, and retail — recorded positive growth. These achievements led to a 19% year-on-year increase in total sales, reaching IDR 426.36 billion.

About PT Trisula Textile Industries Tbk

PT Trisula Textile Industries Tbk (“the Company”) is a subsidiary of PT Trisula International Tbk (TRIS: IJ), with over 50 years of experience in integrated textile and garment manufacturing, including distribution and retail. Based in Cimahi, West Java, BELL produces high-quality fabrics and trades both fabrics and finished garments.

The Company strengthened its capital structure through an IPO in 2017, under the stock ticker BELL.

BELL’s core products include 100% polyester fabrics, poly viscose, and protective fabrics, marketed domestically and internationally under well-known brands such as Bellini and Caterina. The Company is deeply committed to delivering top-quality products across its offerings.

Finished goods — primarily uniforms and fabrics — are distributed through the Company’s subsidiary network. BELL also operates a retail clothing business under the JOBB and Jack Nicklaus brands. Currently, it runs 132 JOBB points of sale (POS) and 51 Jack Nicklaus POS.

BELL continues to adapt to shifting market demands and fast-changing trends, while managing sustainable and environmentally responsible operations — including waste management, recycled fabric production, and other eco-friendly initiatives.