Indirect Economic Impacts
Throughout 2017, the Company did not have matters with the potential to affect the business continuity significantly. Such things are based on the condition of which there are no matters which potentially affect the business activity of the Company significantly as long as the corporate governance and risk mitigation process are carried out in accordance with the agreed commitment, as well as the amount of precast and ready mix growth industry as one of the main supporters in the acceleration of infrastructure development throughout the nation.
Assumptions on the absence of matters that have significant impact on the Company’s business continuity in 2017 can be seen from the significant increase on net revenues that amounting to Rp2,387.01 billion or 50.60% in 2017 compared to 2016. Moreover, the profit for the year of the Company recorded at Rp1,000.33 billion, increased by Ro365.51 billion or 57.58% in 2017 fiscal year.
The Management of the Company is optimistic that 2018 will be a more productive year. Therefore, the Company’s Management has set the target of net revenues at Rp9,777.12
billion, increased by 37.63% from the realization of 2017 amounting to Rp7,104.16 billion. Meanwhile, the target for profit for the year in 2018 is set at Rp1,467.19 billion, increased by 46.67% from the realization of profit for the year of 2017 which was at Rp1,000.33 billion.