PT Citatah Tbk 2023 AR2
The report details PT Citatah Tbk's performance in 2023, highlighting a 14% decline in sales to Rp 99.2 billion due to post-pandemic stagnation and a three-month closure of its quarry access road. To mitigate these challenges, the company successfully restructured its short-term bank loans into five-year fixed loans and diversified its operations into retail, wholesale, and kitchen & furniture segments. On the sustainability front, the company completed the installation of a power line from the State Power Company to its quarry, replacing diesel generators to reduce air pollution. Additionally, the company spent Rp 128 million on environmental initiatives and continued its community support programs, including clean water distribution.
Company: PT Citatah Tbk
Sector: Mining & quarrying
Country: Indonesia
Year: 2023
Type: AR2
Pages: 247
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PT Citatah Tbk
Annual Report
The report details PT Citatah Tbk's performance in 2023, highlighting a 14% decline in sales to Rp 99.2 billion due to post-pandemic stagnation and a three-month closure of its quarry access road. To mitigate these challenges, the company successfully restructured its short-term bank loans into five-year fixed loans and diversified its operations into retail, wholesale, and kitchen & furniture segments. On the sustainability front, the company completed the installation of a power line from the State Power Company to its quarry, replacing diesel generators to reduce air pollution. Additionally, the company spent Rp 128 million on environmental initiatives and continued its community support programs, including clean water distribution.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Employees