In 2019, Siantar Top saw its net income soar 89% to Rp 482.6 billion. The company was also able to book an 11.75% growth in net income during the first semester of 2020, and is confident to achieve 10% of growth this year despite the pandemic.
The falling of crude oil price and the COVID-19 pandemic didn’t have much impact on PT AKR Corporindo which booked a 10.44% YoY increase in net profit.
Now that the Covid-19 pandemic has taken centre-stage, everything else seems to have been put on the backburner, including many companies who had just begun their digital transformation (DX) journey.
A recent study from Ocean Conservancy has indicated that we could reduce 45% of global ocean plastic pollution by simply improving waste management and recycling in five South and Southeast Asian countries.
Securing a large amount of funding amid the pandemic shows investors’ trust in Social Bella in becoming a prominent player in Indonesia’s $8.5 billion beauty and personal care market.
The fund aims to raise a total of $88 million to help Southeast Asian digital companies emerging in the post-lockdown aftermath of the COVID-19 pandemic.
