PT Sunson Textile Manufacturer Tbk
IIDX:SSTM406.00
IDR
+60.00
(+17.34%)
ISIN
ID1000081508
Return %
Stock
S&P 500
1Y
-26.18
14.20
3Y
-24.11
81.12
5Y
-52.79
68.34
Capital Structure
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in mil. unless spec.Working Capital
IDR
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in mil. unless spec.Growth Rates
IDR
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in mil. unless spec.Quarterly Revenue
IDR
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in mil. unless spec.Quarterly Earnings Per Share
IDR
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in mil. unless spec.Quarterly Dividends Per Share
IDR
•
in mil. unless spec.Company Description
- CEO
- Purnawan Suriadi
- Full Time Employees
- 1,082
- Sector
- Process industries
- Industry
- Textiles
- Address
- Jl. Ranggamalela No. 27 Bandung JB Indonesia 28090
- IPO Date
- Aug 20, 1997
- Website
- sunson.co.id
- Similar Companies
- Business
- PT Sunson Textile Manufacturer Tbk PT Sunson Textile Manufacturer Tbk (SSTM.JK) is an Indonesia-based integrated textile company engaged in the manufacturing and sale of yarn, woven fabrics, and other textile products, as well as general trading activities. The company operates through three main segments: spinning, which produces yarn from raw materials including cotton, polyfiber, and rayon fiber; weaving, which transforms yarn into gray cloth as the final woven product; and others, encompassing texturizing processes that yield products such as DTY polyester yarn. Its core offerings include yarn and woven fabrics made from 100% cotton, TC (teteron cotton), CVC (cotton viscose), TR (teteron rayon), and PE (polyester), marketed to domestic customers in Indonesia and exported to markets in Asia, Europe, America, and Africa. Founded on November 18, 1972, and headquartered in Bandung, West Java, with facilities located at Jl. Raya Rancaekek Km. 25.5, Sumedang, the company listed on the Indonesia Stock Exchange via an initial public offering in 1997 and employs approximately 1,012 people. In recent developments, PT Sunson Textile Manufacturer Tbk reported net revenue of IDR 235.9 billion for fiscal year 2024, up slightly from IDR 224.5 billion in 2023, though it incurred a net loss of IDR 17.99 billion amid pressures from elevated production costs, global uncertainties including conflicts in Ukraine, Palestine, and the South China Sea, and intense industry competition; for the third quarter of 2025, it posted net profit of IDR 4.1 billion on revenue of IDR 185.9 billion. The company targets sales recovery toward IDR 200 billion annually through enhanced operational efficiency, customer satisfaction initiatives, and penetration into new market segments, while its shares surged over 350% in late 2025 from August lows, reflecting investor optimism amid a projected 6.9% textile industry growth in Indonesia for the year. No major acquisitions, partnerships, or structural reorganizations were announced in the past 1-2 years, with focus remaining on cost management and production optimization in its core spinning, weaving, and texturizing operations.