Champ Resto Targets Revenue To Grow 20 Percent By 2025

Photo: Doc. PT Champ Resto Indonesia Tbk (ENAK)

JAKARTA - Issuers managing Raa Cha Suki & BBQ and Gokana, PT Champ Resto Indonesia Tbk (ENAK), are targeting an increase in revenue of 20 percent this year.

PT Champ Resto Indonesia Tbk's Chief Operating Officer, Hade Mboi, said he was optimistic that the target could be achieved. Although, he acknowledged there were challenges that overshadowed the company.

The target revenue is to grow 15 to 20 percent this year. For the F&B sector, despite the challenges on the brand line, we remain optimistic about the future growth," he told reporters in Jakarta, Friday, January 24.

Hade said this optimism departed from the experience in 2024 which saw a positive increase in performance amid the issue of weakening people's purchasing power.

"The year 2023 to 2024 shows a positive increase in performance. Despite the issue of purchasing power and other challenges, we will strengthen business foundations to face challenges and hope for better results by 2025," he said.

In addition, Hade said that his party also plans to add outlets. He said there would be an additional 15 percent of the existing outlets.

This year we are not expanding just for Gokana. The number of outlets itself will be added 15 percent of the existing outlets. Core we Gokana and Raa Cha Suki & BBQ, but this year we will also expand to platinum, which will be reduced," he said.

Hade explained the reason why this year's expansion is more focused on platinum because the format is more fitting. platinum itself is a western cooking and fusion restaurant.

The reason is because platinum is more fitting at the moment and our expansion is indeed more to the regions. The number of platinums is only 20 and we want to grow double until the end of the year", said Hade.

For your information, PT Champ Resto Indonesia Tbk (ENAK), was founded in 2010, is currently the number one local restaurant operator in Indonesia. This company oversees seven brands and operates 331 outlets as of December 31, 2024, spread across 15 provinces, including Java, Bali, Sumatra, Kalimantan and Sulawesi.