Indirect Economic Impacts
Throughout 2018, 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 2018 can be seen from the significant increase on net revenues that amounting to Rp8,000.99 billion or 11.20% in 2018 compared to 2017. Moreover, the profit for the year of the Company recorded at Rp1,103.47 billion or increase 9.35% in 2018 compare to 2017.
The Management of the Company is optimistic that 2019 will be a more productive year. Therefore, the Company’s Management has set the target of net revenues at Rp9,4
trillion, increased by 14.89% from the realization of 2018 amounting to Rp8,000.15 billion. Meanwhile, the target for profit for the year in 2019 is set at Rp1,3 trillion, increased by 15.12% from the realization of profit for the year of 2018 which was at Rp1,103.47 billion.