Anteraja Records Robust Growth as People Stay at Home

10 months ago . 1 min read
EC
Ester Christine Natalia
Senior Writer at Forbes Indonesia
Anteraja Records Robust Growth as People Stay at Home
Image courtesy of Anteraja.

The demand for delivery service and logistics increases significantly as most people are working from home. Logistic technology company Anteraja (PT Tri Adi Bersama) announced they recorded a 20% jump in revenue from February to March. Revenue in the first quarter also reached Rp 100 billion, exceeding 2019 full year’s revenue of Rp 83 billion – the company started in April 2019.

“The surge caused by the demand for courier services that came as trading transactions on online platforms and ecommerce increased lately,” says Suyanto Tjoeng, CEO of Anteraja, in a statement.

Anteraja is a subsidiary of publicly listed transportation company PT Adi Sarana Armada Tbk. (ASSA), which owns 55% of shares in the company. ASSA is a part of diversified conglomerate Triputra Group, which is founded by Theodore Permadi Rachmat.

Anteraja offers two nationwide services covering 90% of the area of Indonesia. The company delivered 6 million packages last year and aimed to deliver 18 million to 20 million packages this year. The company also sets a target to have up to 7,000 couriers by the end of this year.

EC
Written By
Ester Christine Natalia
Senior Writer at Forbes Indonesia
Topics
Companies