PT Armada Berjaya Trans Tbk (JAYA) gets extension contracts of the transportation cooperation with its existing customers, namely PT Dua Kuda Indonesia, PT Fajar Surya Wisesa Tbk, PT Mayora Indah Tbk, PT Indah Kiat Pulp and Paper, and PT Star Cosmos.

"The extension of the cooperation contract is dated February 1, 2021," said JAYA President Commissioner Jap Astrid Patricia in the IDX disclosure on Tuesday (9/2).

Motorized transportation companies for general goods posted revenue as of September 30, 2020, of Rp49.89 billion, an increase of 9.83% compared to the same period in 2019 of Rp45.39 billion. However, the profit for the period was Rp1.66 billion or decreased by 5.70% from Rp1.77 billion.

This year, JAYA said it focuses on cost efficiency and increase the utilization of the existing truck fleets, thereby expanding its profitability.