PT Acset Indonusa Tbk (ACST), in the first three months of 2021, posted revenues of Rp381.05 billion, down 20.2% compared to the same period in the previous year, amounting to Rp477.61 billion.

President Director of Acset Indonusa Idot Supriadi said that along with revenue, the company recorded a decrease in a net loss of 35.97% from Rp124.44 billion to Rp79.68 billion triggered by project slowdowns and tenders postponed due to the COVID-19 pandemic.

"In detail, the revenue for this period is dominated by construction sector 54%, infrastructure 33%, foundation 9% and other sectors 4%. Other sectors illustrate the trading activities and rental services by the subsidiary, "Idot said in his statement, Thursday (22/4).

According to Idot, to get around this decline in revenue, his party is focusing on internal improvements aimed at strengthening the company's fundamentals so that it is ready to move along with the recovery that will occur in th