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Jaya Bersama revises its revenue target due to the COVID-19 pandemic

03 September 2020 06:34

JAKARTA - PT Jaya Bersama Indo Tbk (DUCK) has revised its revenue target for this year due to the COVID-19 pandemic. This was conveyed by Limpa Itsin Bachtiar, President Director of DUCK in a disclosure published on Wednesday (2/9).

The implementation of Large-Scale Social Restrictions (PSBB) for handling COVID-19, he said, forced the company to close some of its restaurants, especially in Jakarta.

"We open some of our outlets while complying to the applicable health protocol, by only opening 50% of the total space available," he said.

He said there was a decline in the company's revenue and profit by more than 50% due to the pandemic. (LK/AR)

 
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