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PT Sillomaritime's revenue is expected to decline by 13.06% this year

23 July 2020 08:52

JAKARTA. COVID-19 pandemic is expected to reduce PT Sillomaritime Perdana Tbk (SHIP) revenue by around 13.06% this year because the pandemic will affect the company's operations.

The company's management explained on Wednesday (22/7) that the pandemic did not affect the company's business continuity. However, the pandemic did affect the company's contract negotiations with other parties. 

As a result of these conditions, the company expects its revenue this year to reach US$ 78.796 million and its profit to reach US$ 19,527 million. (AM/AR)

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