JAKARTA - The management of PT Guna Timur Raya Tbk (TRUK) revised its revenue growth target for this year, due to the impact of the COVID-19 pandemic on the company's business..
The revision was announced by TRUK's management in its public expose material delivered on Thursday (23/7). "The company's growth, which is expected to reach 30% in 2020, is affected [by COVID-19]. However, the company is still able to maintain its performance as in 2019," he said.
In 2019, the company booked a revenue of Rp 49.80 billion and a net profit of Rp 948 million in 2019.
The company will implement a number of strategies to maintain iys revenue until the end of the year, including contacting new partners and expand its business to liquid chemical transport. (LK/AR)