Kurniamitra Duta Eyes Revenue to Rise 15% in 2021


Distributor in the food and beverages (F&B) business, PT Kurniamitra Duta Sentosa Tbk (KMDS), aims to increase the revenue by up to 15% from last year.

KMDS Corporate Secretary Sarrah Jessica Hidayat said the Covid-19 pandemic impacted the decline in sales and profit performance for the company last year. Although the pandemic still overshadows this year, the company sees a 15% increase in sales target is still achievable.

"Based on the company's financial statements, KMDS recorded net sales of Rp. 132.09 billion in 2020. This figure is down 12.2% compared to the 2019 achievement, with the target set by the company, meaning that this year KMDS targets revenue to reach Rp151.9 billion , "he said on Friday (21/5).

The decline in sales also made KMDS's profit decline. The company recorded its current year profit at only Rp 15.74 billion at the end of last year, or a decrease of 50.15% compared to 2019.

The company believes t


Penulis : Widya