00:00 PT Sinergi Multi Lestar Indo TBK added business to the vape and tobacco industry as a distributor of vapour-based goods for the liquid vape business and the market for the flavour-based goods, oleoresin, in Indonesia.
00:13 With this expansion, the optimistic audience is able to reach the income growth target of 50%.
00:22 PT Sinergi Multi Lestar Indo TBK added business to the vape and tobacco industry as a distributor of vapour-based goods for the liquid vape business and the market for the vapour-based goods, oleoresin, in Indonesia.
00:33 The expansion of this business is proven by cooperation with one of the largest supplier of fragrance and flavour from Guangzhou, China, namely City Flower,
00:42 which is known for having innovative technology to produce high-quality products that can be accepted by the public at a price that can compete with competitors.
00:52 Supported by a technical support team that can provide a solution from the formulation made by SMLA.
00:58 With this expansion, the optimistic audience is able to reach the sales target that can be exceeded,
01:04 considering that almost 90% of the samples given to SMLA customers have been well received in the Indonesian market.
01:12 When recorded in the stock market last January, the sales target for income growth up to 50%.
01:18 This will be achieved with the support of the market optimism of Indonesian vaping users, which continues to increase, while creating business opportunities for the liquid vaping producers.
01:27 For your information, the vaping industry in Indonesia generated an income of around 5.6 trillion rupiah in 2023.
01:35 This data provides a great opportunity for SMLA to grow in 2024, because the product test has been implemented by the producer since Q3 2023, which can be applied this year.
01:47 In order for the expansion to be more smooth, SMLA is also actively interacting with the community and the vaping producers, including participating in a number of vaping exhibitions in Jakarta.
01:57 Various sources of IDX Channel
01:59 Thank you for watching
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