JAKARTA - PT Mega Perintis Tbk (ZONE) is facing difficulties to pay its short-term obligations of Rp 109.70 billion, since it has to close down some of its outlets temporarily due to the Large-Scale Social Restrictions (PSBB) policy implemented by the government to cope with the COVID-19 outbreak.
Luki Rusli, Director of PT Mega Perintis Tbk (ZONE) said that the company suffered due to a lack of sales. "Because of that, our subsidiary engaged in the garment industry cannot produce goods, due to lack of sales," said him as quoted from the company's disclosure yesterday (1/6).
The impact of this outbreak is estimated to affect the company's revenue and net profit by 25% and 75% respectively. This condition forced the company to put 2,226 of its employees on furlough. (LK/AR)