Jakarta - PT Fast Food Indonesia Tbk (FAST) announced revenue for the January-September 2021 period of Rp3,456 trillion or 3.62% lower than the same period last year of Rp3.586 trillion.

The company's financial report published on Tuesday (30/11) stated that despite declining revenues, FAST managed to reduce the cost of goods sold by around 6.39% to Rp1.361 trillion from Rp1.454 trillion.

FAST also reduced sales and distribution expenses by around 9.42% to Rp1,873 trillion from Rp2,068 trillion.

FAST reduced the loss during the first nine months of this year by around 32.49% to Rp201.382 billion from Rp298.335 billion.

Unfortunately, other operating expenses increased by around 39.88% to Rp10,729 billion from Rp7,670 billion. The financial income was also narrowed around 43.96% to Rp11.722 billion from Rp20.918 billion.

In addition, the financial burden also increased less than double or from Rp28,773 billion to Rp43.836 billion.