JAKARTA - Yesterday (2/6) PT Cashlez Worldwide Indonesia Tbk (CASH) held a virtual Public Expose on the company's performance in 2020.
Cashlez also adapts and focuses on developing solutions according to the needs of business actors in the digital era. This is also the main factor that drives Cashlez's business. Thus, throughout 2020, Cashlez managed to achieve rapid growth by recording an increase in net revenue to IDR 84.32 billion compared to IDR 16.61 billion recorded in 2019, an increase of 407.73% on an annual basis. This increase has resulted in a growth in the Company's profit share from a net loss of IDR 10.85 billion in 2019 to a net loss of IDR 7.13 billion in 2020.
President Director of Cashlez, Suwandi said, "We are optimistic that in 2021, Cashlez can show even better performance compared to 2020 with a target of 5,000 new merchants and an increase in gross transactions of IDR 10 trillion." the lid.
Suwandi added that until the end of December 2020, the total merchants who joined Cashlez reached more than 9,000 merchants including several well-known brands such as KalCare, Brawijaya Hospital, BFI Finance, Shafira, Zoya, and Fish & Cheap. (LM)