JAKARTA. PT Sinar Mas Multiartha Tbk (SMMA) is trying to achieve its 2020 targets of Rp 37.7 trillion in revenue and Rp 1.3 trillion in profit.
According to SMMA Director Kurniawan Udjaja, the company makes the effort to maintain its performance and achieve its targets despite only relying on smaller operating income compared to last year.
In the third quarter of 2020, SMMA's revenue dropped 7.30% year on year (yoy) to Rp 28.28 trillion while its net profit plunged 79.40% yoy to Rp 1.20 trillion.
"There's only one month remaining in 2020, but we are confident that we can achieve our projected targets," Mr Udjaja said. (AM/MS)