Bisnis.com, JAKARTA—A metal issuer of construction materials, especially nuts and bolts, PT Mitra Angkasa Sejahtera Tbk. (BAUT), targets a turnover growth of 30% by 2026 in line with plans to open new outlets. Foong Tak Hoy, President Director of BAUT, said that the company aims to grow net sales by more than 30% to IDR 180 billion by 2026. Management will identify and execute strategic projects to drive quality revenue. The company is also aiming for sustainable net profit bookkeeping starting this year with an initial target of IDR 1.1 billion. In addition, the company will implement a digital roadmap in operational efficiency and revenue increase. “With the company’s expansion and digital acceleration, we are aiming for turnover growth of more than 30% by 2026,” explained Foong Tak Hoy in a Public Presentation, Tuesday (19/5/2026).

To achieve the revenue target, continued Foong Tak Hoy, the company will add 2 RJ Steel outlets, especially in DKI Jakarta. The opening of this new outlet will be carried out in stages in 2026. Until the close of 2025, there are 22 RJ Steel outlets spread throughout Indonesia, consisting of 10 partnerships, 5 franchises, and 7 outlets of RJS subsidiaries. In addition, the company is also still collaborating with direct users of various industries.

BAUT also implements a cost efficiency strategy with an optimization target of up to 6% by 2026. The Company optimizes its cost structure to be more lean and productive, improves operational efficiency across all work units, and allocates resources to value-added and high-potential areas.

One of the implementations is to increase inventory productivity by reducing the total Stock Keeping Unit (SKU) by 15%. The strategy makes handling cost efficiency, warehouse management cheaper, increases sales and marketing focus, and improves the quality of relationships with key suppliers.

According to Foong Tak Hoy, in increasing turnover, BAUT continues to collaborate with manufacturing, construction, furniture, and national strategic projects. The Company also periodically and continuously promotes the FastFix brand which has been launched in 2024. Meanwhile, a number of BAUT projects that will be carried out in 2025 include the Palu Grand Mosque, the Manyar smelter project, the Amman Mineral project, the development of the Data Center, and the Merah Putih Cooperative. The Fastfix brand also penetrated national distribution through MR DIY outlets. In the 2026 growth agenda, BAUT is committed to increasing the number and quality of events regularly to strengthen the relationship between the company and shareholders and investors.

Management will provide periodic updates on business developments, financial performance, as well as strategic milestones. “We want to build open, transparent, and sustainable communication to create long-term value for all shareholders and investors,” he said. In 2025, BAUT recorded revenue of IDR 136.33 billion, corrected from the previous IDR 152.96 billion in 2024. However, the company managed to cut its net loss to IDR 11.85 billion from the previous IDR 13.46 billion.

Foong Tak Hoy said that the decline in the company’s performance throughout 2025 was influenced by a combination of external and internal factors. Externally, the global economic slowdown has pushed for an abundance of metal products from China in the domestic market, which puts pressure on the selling price of nut and bolt products. In addition, cautious market conditions have caused some customers to apply a wait-and-see approach in making purchases, including those influenced by economic dynamics and the national situation.

The Company realizes that the achievement of financial performance in the 2025 financial year still does not fully meet expectations. However, management conducts a thorough evaluation, continuous system improvement, and commitment of all levels of management and employees. The Company believes that the ongoing improvement measures will strengthen the business foundation and support performance recovery in the future. According to Foong Tak Hoy, the company is on the right track to be able to achieve the target by 2026. In the first quarter of 2026, the loss was cut by 52.2% to IDR 3.2 billion from the previous IDR 6.7 billion.