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 2019 can be seen from the significant increase on new contract that amounting to Rp7.03 trillion. This is supported by the acquisition of external contacts of 63.2% compared to 2018 of 36%. In terms of value, the increase in external contracts reached 83.01% or Rp 2.43 trillion in 2018 to Rp 4.44 trillion in 2019.
The Management of the Company is optimistic that 2020 will be a more productive year.