DNR Corporation Optimizes Performance In 2025 This Way

Photo: Doc. PT Dosni Roha Indonesia Tbk

JAKARTA - PT Dosni Roha Indonesia Tbk (The Company) or also known as DNR Corporation has implemented a number of initiatives to improve its business fundamentals throughout 2024 which will be consistently continued in 2025. A number of these initiatives include the addition of new principals, the alignment of a more profitable product portfolio (high margin), organizational restructuring, operational efficiency, digitization, and financial restructuring.

These various initiatives were carried out in the three DNR Corporation business lines, namely Distribution, Logistics and eLogistics in order to improve the overall group business performance. This was revealed by the Company's Management at the PT Dosni Roha Indonesia Tbk Public Exposure event in 2024 which was held online on Friday, January 31.

Currently, the three DNR Corporation business lines are managed by its subsidiaries, including the distribution line by PT Dos Ni Roha (DNR Distribution), the Logistics line by PT Dosni Roha Logistics (DNR Logistics), and the e-Logistics line by PT StoreSend eLogistics Indonesia (StoreSend Indonesia). These three business lines continue to synergize to support the achievement of the Company's vision, namely Simplifying Supply Chain for All.

In 2024, the three subsidiaries of DNR Corporation face difficult business challenges. A number of fundamental improvements within the company in 2024 have not been able to curb the decline in the Company's financial performance, where in November 2024 the Company posted (estimated) Revenue of IDR 492.1 billion, EBITDA of minus IDR 204.8 billion, and Net Profit of minus IDR 310.6 billion.

The performance of these three elements has decreased compared to the same period in 2023. Therefore, in terms of finance, Management together with Controlling Shareholders are working on increasing working capital to encourage increased operations and sales of subsidiaries.

"In 2025, subsidiaries will massively increase the number of principals or partners who provide more profitable margins for each subsidiary, such as the medical device industry for DNR Distribution. From the corporate side, Management is trying to restructure finances by restructuring debt and increasing working capital from investors," said CEO of DNR Corporation, Rudy Tanoesoedibjo.

To revive the Company's business performance in 2025, the Company through its subsidiaries has established strategy and action plans in each line of business. In the Distribution business, DNR Distribution will encourage increased sales by adding new principles, wholesale business development, and improving the business of large margin medical equipment. DNR Distribution will also continue operational cost efficiency through organization downsizing, one of which is by maintaining more profitable branches and efficiency in expedition and warehousing costs.

In addition, DNR Distribution also increases productivity by improving the logistics system, and KPI Sales. In the Logistics business, DNR Logistics will increase Hauling's business by gradually increasing 60 trucks, rejuvenating trucks and targeting new cooperation contracts.

For the Inland Trucking (DPORT) business, the company will increase the number of customers with long-term contracts and launches of new digital transportation systems. DNR Logistics will also increase the Third Party Logistics business by increasing warehouse capacity, increasing the diversification of goods and customers, and adding cold storage. In addition, DNR Logistics will also expand project-based businesses into the private sector.

Meanwhile, in the eLogistic business, StoreSend Indonesia is committed to increasing sales through brand and non- brand acquisitions, expanding into new eCommerce channels, adding eCommerce support services, and adding logistics service core services. The company is also increasing operational efficiency by reducing OPEX COGS and streaming HQ Operations. In addition, StoreSend Indonesia is also building the Warehouse Management System (WMS) and Order Management System (OMS). In 2025, the Company will also rebrand and reposition the company's business.

"With various internal improvements and improvements in services that have been implemented throughout 2024, coupled with the strategy and action plans that will be implemented in 2025, the Company's Management is confident that DNR Corporation will develop again and achieve positive performance in 2025," concluded Rudy Tanoesoedibjo.