Express Transindo Utama Tbk 2021 AR2
The report outlines PT Express Transindo Utama Tbk's performance and strategic initiatives for the fiscal year 2021. Amidst the ongoing challenges of the COVID-19 pandemic and intense competition from online transportation services, the company focused on internal consolidation and debt restructuring. It successfully completed its debt restructuring, resulting in a net profit of Rp188.61 billion, largely driven by a gain on the waiver of shareholder loans. Operationally, the company began phasing out its regular taxi services to focus on its tourism bus business. Additionally, the company continued to implement good corporate governance, environmental management, and employee development programs.
Company: Express Transindo Utama Tbk
Sector: Transport & logistics
Country: Indonesia
Year: 2021
Type: AR2
Pages: 224
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Express Transindo Utama Tbk
Annual Report
The report outlines PT Express Transindo Utama Tbk's performance and strategic initiatives for the fiscal year 2021. Amidst the ongoing challenges of the COVID-19 pandemic and intense competition from online transportation services, the company focused on internal consolidation and debt restructuring. It successfully completed its debt restructuring, resulting in a net profit of Rp188.61 billion, largely driven by a gain on the waiver of shareholder loans. Operationally, the company began phasing out its regular taxi services to focus on its tourism bus business. Additionally, the company continued to implement good corporate governance, environmental management, and employee development programs.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees