Destinasi Tirta Nusantara lost Rp 14.81 billion in 2019
JAKARTA - PT Destinasi Tirta Nusantara Tbk (PDES) suffered a loss of Rp 14.81 billion in 2019. For information, in 2018 the company recorded a net profit of Rp 3.51 billion.
The company's financial report showed that the company's revenue declined from Rp 514.85 billion recorded in 2018 to Rp 461.93 billion.
On a positive note, the company managed to reduce its cost of goods sold (from Rp 399.84 billion to Rp 371.44 billion) and operating expenses (Rp 97.63 billion to Rp 91.55 billion). However, the company still recorded an operating loss of Rp 1.06 billion. (ARM/AR)