The revenue of the listed company engaged in the transportation service sector, PT Guna Timur Raya Tbk (TRUK), in 2020 decreased.

Based on the financial report published on Monday (24/5), the company earned Rp42.84 billion in revenue, down 13.99% from the previous year's revenue of Rp49.81 billion.

Revenue from customers of PT Asahimas Chemicals contributed Rp12.57 billion, PT Standard Toyo Polymer contributed Rp11.04 billion, and PT Trinsoe Materials Indonesia Rp4.34 billion.

At the same time, direct TRUCK expenses increased by 11.91% from the previous Rp35.92 billion to Rp40.20 billion. As a result, the issuer's gross profit fell 427.37% from the previous Rp13.87 billion to Rp2.63 billion.

In addition, TRUK's operating expenses also increased to IDR 8.78 billion from 2019 IDR 8.13 billion. Only financial expenses decreased by 14.59% from Rp2.12 billion to Rp1.85 billion last year.

As a result, TRUK has to bear a ne