Already Knows Loss, Ricky Harun Still Wants To Be A Commissioner Of HKMU For This Reason

Ricky Harun (Photo: Ricky Harun Collection)

JAKARTA - Before becoming a commissioner, Ricky Harun already knew that the company PT HK Metal Utama TBK had lost money in 2020. PT HK Metals Utama Tbk reported that the company had a net loss of Rp235.7 billion in 2020. The information was quoted based on a disclosure published on Monday. , August 15.

As for the first quarter of 2021, the business entity with the stock code HKMU posted a net profit of IDR 3.1 billion. The company experienced a decline in revenue in the aluminum manufacturing segment by 57 percent year-on-year (yoy) from IDR 302 billion in the second quarter of 2020 to IDR 130 billion in the second quarter of 2021.

In detail, the company's gross profit in the first trimester of this year was Rp. 15.22 billion. Then, net sales were recorded at Rp130.30 billion.

Asked about this loss, Ricky did not deny it. "Indeed, the data is correct. But I see this as a challenge. What do I need if the company is healthy and fine. Why should I join? There is nothing to do, right?" he asked back.

Ricky Harun would call the loss a challenge. "This is a challenge for me, because the loss was caused by the bankruptcy decision of one of its subsidiaries. It cannot be denied that the pandemic has reduced turnover. Previously, HKMU focused on distribution, later it will shift its focus to manufacturing with profitable margins," he explained.

Ricky's job is to find ways to increase his company's profits. HKMU admits that it is ready to transform so that young people are better known as the market of the future.

"Hopefully it is in accordance with the vision and mission of HKMU. I am very much expected to issue fresh ideas that have not been thought of at all by HKMU before. I am ready to issue all ideas on how to make HKMU wider to people who need our products," he explained.