FOOD is developing new markets
FOOD - PT. Sentra Food Indonesia Tbk
JAKARTA - PT Sentra Food Indonesia Tbk (FOOD) is developing new markets to maintain business continuity amid the COVID-19 pandemic. The Large-Scale Social Restrictions (PSBB) policy implemented to cope with the outbreak has affected the company's revenue and profit by around 25% in the first quarter of 2020.
Karina Larasati Putri, Corporate Secretary of PT Sentra Food Indonesia Tbk. (FOOD) said that to support the plan, FOOD will launch new products and sell its products online.
In the disclosure of information published by the company on Sunday (24/5), the PSBB policy forces the company to reduce the number of personnel present in its office. However, the company does not plan to cut any of its employees at the moment. (LK/AR)