NATO - PT. Nusantara Properti Internasional Tbk

Rp 310

+12 (+4,03%)

JAKARTA - PT Nusantara Properti Internasional Tbk (NATO), manager of several hotels and villas, plans to promote long-stay packages for domestic and foreign tourists to attract more guests. 

Gede Putu Adnawa, President Director of PT Nusantara Properti Internasional Tbk (NATO) said that the long-stay packages are promoted following the relaxation of the Large-Scale Social Restrictions (PSBB) in Seminyak, Bali. "This strategy is an effort of the company's management to be able to run our business in the midst of the uncertain condition," he said as quoted from the disclosure of information on Tuesday (2/6)

According to him, the pandemic has forced the company to temporarily stop its operations in Bali. Since this pandemic begins, management has put 42 employees on furlough and laid off 16 employees. The company expects its revenue and profit to decline by 75% YoY in Q1 2020 due to the pandemic. (LK/AR)