TAXI's Loss Drops 43.72%

By Editorial Team 12/08/2019
Summary

PT Express Transindo Utama Tbk (TAXI) managed to reduce its loss by 43.72 percent to Rp 115.78 billion in the first half of 2019, from a loss of Rp  205.73 billion in the same period the previous year. At the same time, TAXI’s revenue fell 40 percent to Rp 77.18 billion from Rp 128.69 billion. The cost of goods sold decreased 28 percent to Rp 160.42 billion from Rp 222.57 billion.

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