TGKA 2014

Company analysis

The company is operating as distributor of principals such as Sari Husada, Nutricia Indonesia Sejahtera, Kimberly clark, Colgate and etc. besides that, the company also has trade mark which is familiar in the market such as Blue Gaz, Crystal dentiss and Tira S&D System.

Food and consumer product is dominated its revenue composition during last 5 years. Other segments were Gas (LPG) and Kitchen tool, but these segments are still small in its amount compared to food and consumer product. The Compound average growth of revenue during the period of 2011-2014 is at 9.9 %. In 2014 the growth of revenue was more than 15 % compared to revenue in 2013. The company is also selling books in its trading business.

The two biggest principals in 2014 were Sari Husada and Nutricia Indonesia Sejahtera. Several of its principals committed to replace the obsolete goods with the new one. Based on its financial statement in 2014, the biggest asset of the company was its trade receivable which was amounted to IDR 1.08 trillion in 2014. The biggest portion of trade receivable was at the current position; it was more than 65 % of total trade receivable. That means the business activities 

Java is the major place of its business activities, the second is sumatera. The access of road and infrastructure may be as the reason for concentrating in Java and Sumatera. At those islands, the inhabitants are also higher than other islands.

Based on central statistic bureau, the wholesale and retail trade sector has been growing over the last five years. Its CAGR is approximately at 6.1 %. The growth in demand of consumer goods may be possibly increase the growth of the sector.  

The company also acted as manufacture of principals, it has several cooperation agreement to produce the product of the principal such as Soho’s milk product, Sari Husada’s milk product, Anlene,Boneto milk product, produgen milk product and etc. The company earned manufacturing fee from the cooperation agreements. Among of the product in cooperation agreement is instant milk product.