Sarinah Optimistic Performance Increases This Year

Director of Risk Management and Administration of Sarinah Albert Aulia Ilyas. (Photo: Mery Handayani/VOI)

JAKARTA - PT Sarinah (Persero) is optimistic that this year's performance will increase.

Sarinah's Director of Risk Management and Administration, Albert Aulia Ilyas, said that this optimistic attitude departed from improving performance improvements since early 2023.

Albert admitted that Sarinah's financial performance did record a loss in 2021.

This, said Albert, happened because Sarinah was closed for renovation. So, it can't operate.

"Why is 2021 still losing money, because we are soft opening only March 2023. During 2021 (Sarinah) it will be closed and (done) renovations. Then grand opening in June," he told reporters in Jakarta, Monday, April 17.

However, said Albert, the reopening did not immediately encourage Sarinah's performance. Because at the beginning of the opening, the community was still overshadowed by the COVID-19 pandemic even though the government had revoked the Implementation of Restrictions on Community Activities (PPKM).

"When the PPKM was revoked and we opened it in March 2023, it was not immediately crowded (visitors). (People) went to the mall, it was still a bit parno. So our efforts are to share consumer confidence with strict health protocols (prokes)," he said.

Albert said that tenants in Sarinah did not immediately open their outlets when the PPKM was officially revoked by the government.

According to him, the tenant is still in a wait and see position with market conditions.

"But now it's moving up. Until December in (numbers) 85 to 86 percent (of its occupancy). We hope that by the third quarter (this year) it will be 100 percent," he said.