JAKARTA - The revenue and profit performance of PT United Tractors Tbk (UNTR) was declining, amid the COVID-19 pandemic in 2020, compared to the same period in 2019. This was conveyed by FXL Kesuma, President Director of UNTR in the 2020 Financial Report, quoted on Friday (26/2).
He described that the revenues were recorded at IDR 60.34 trillion in 2020, fell from IDR 84.43 trillion in 2019. Meanwhile, gross profit and net profit were IDR 12.98 trillion and IDR 5.53 trillion in 2020, respectively, fell from IDR 21.23 trillion and IDR 11.34 trillion in 2019.
The largest revenue contributor came from service revenue of IDR 32.67 trillion, followed by goods sales of IDR 27.67 trillion in 2020. In 2019, service revenue contributed IDR 45.63 trillion and goods sales IDR 38.79 trillion. (LK/VA)