PT HK Metals Utama Tbk (HKMU) until the first three months of 2021 posted a loss of Rp3.14 billion or compared to the same period the previous year, which experienced a profit Rp10.74 billion.

In line with the loss, the company's sales, in general, fell 56.87% in the first quarter of 2021 to Rp130.3 billion compared to the same period last year of Rp302.12 billion.

"This decline is the impact of the company's strategy which now operates only manufacturing business units after divesting distribution and trading units as part of the business transformation program," said Director and Corporate Secretary of HK Metals Jodi Pujiyono, Thursday (22/7). ).

According to Jodi, this year, the company will continue to improve performance by innovating marketing strategies to deal with the demand that tends to slope, especially after the Emergency PPKM in July.

Even though the company is in the essential sector, it has more or less affect