PT Chitose Internasional Tbk officially held its Annual General Meeting of Shareholders (AGMS) for the 2024 Fiscal Year, which took place at the Company’s Showroom & Marketing Office in Cimahi. The meeting was attended by members of the Board of Commissioners, Board of Directors, and shareholders registered in the Shareholders Register as of March 21, 2025.
The main agenda items of the AGMS included the approval of the 2024 Annual Report, the distribution of cash dividends amounting to Rp10 billion to shareholders in proportion to their respective shareholdings, as well as the presentation of the Company’s 2025 business plan.
The President Director of PT Chitose Internasional Tbk, Kazuhiko Aminaka, stated that the Company is targeting 2% revenue growth in 2025 to Rp470 billion, with a profit before tax target of Rp25 billion—a significant increase from the previous year’s target of Rp13 billion. He also highlighted global economic dynamics, including geopolitical tensions and tight monetary policies implemented by several central banks, which have led to raw material price fluctuations, posing one of the key challenges for the industry.
Despite these challenges, Director of Sales & Marketing, Mr. Susanto, noted that economic pressures have encouraged the Chitose team to become more creative and adaptive. “We continuously strive to enhance customer satisfaction and competitiveness. As a result, Chitose has successfully maintained the Top Brand Award for the 14th consecutive year,” he said.
Throughout 2024, PT Chitose Internasional Tbk successfully recorded a 2% increase in sales compared to the previous year. Activities such as customer visits, customer gatherings, and business matching sessions intensified and were conducted actively throughout the year. The Company also launched a range of products for the healthcare and office sectors, while strengthening its retail segment through marketplace platforms and digital channels, including social media and the Company’s website.
Director of PT Chitose Internasional Tbk, Mrs. R. Nurwulan Kusumawati, emphasized that although 2024 was a challenging year, the Company managed to deliver encouraging results. “Our net sales reached Rp461 billion, exceeding the target of Rp450 billion, while profit before tax surged by 47%, from Rp16 billion to Rp23 billion. This means we successfully achieved 176% of the target that had been set,” she stated.
In 2025, Chitose has set a sales target of Rp470 billion and profit before tax of Rp25 billion, as well as allocating investments of Rp2.5 billion. The Company’s strategies include strengthening its marketing network, developing the private institutional segment with modern product offerings, and driving innovation in medical devices and export-oriented products. In addition, the Company will continue to enhance production efficiency and implement the SAP S/4HANA ERP system to strengthen internal controls across all business lines.
With a solid foundation and well-defined strategies, PT Chitose Internasional Tbk remains optimistic about achieving sustainable growth, delivering added value to customers, stakeholders, and the entire Company’s team and management, while further strengthening its contribution to the national and global furniture industry.