PT Transkon Jaya Holds Annual Shareholders Meeting, Demonstrating Strong Performance


02 Jul 2021

Dilansir Oleh


Balikpapan, — Through the Annual General Meeting of Shareholders (RUPS) conducted, PT Transkon Jaya Tbk, has showcased the company’s good condition. It was reported that TRJA’s expansion projects have been moving aggressively, both in 2020 and up to the present year.

In his public presentation, Lexi Rompas, the President Director representing the company, expressed his utmost gratitude to the public for their trust in the company to manage the IPO funds.

“2020 was a memorable year for PT Transkon Jaya Tbk. In a challenging year, the company successfully conducted the Initial Public Offering (IPO) and closed 2020 with a positive financial performance, reflected in the company’s financial statements,” said Lexi Rompas.

With the funds entrusted by the public, the company expanded its business and significantly increased its assets. The company also continued to repay its debts to creditors on time without ever restructuring. “The management also implemented policies in the financing method selection, which became a contributing factor to the increase in the company’s net profit,” he added.

Maintaining good relations with creditors, litigation actions, and mitigation against customers have been key factors in PT. Transkon Jaya Tbk closing the 2020 fiscal year successfully. Even from the net profit gained, the company promised to distribute dividends this year, amounting to IDR 3 per share.

The company also addressed prospects, strategies, and targets for 2021. The situation has not changed much since the pandemic in 2021.

Despite the limitations faced, entering the second semester of 2021, PT Transkon Jaya Tbk has continued to fulfill its responsibilities to the public by operating optimally. This is evident through the utilization of IPO funds for expansion activities carried out by PT Transkon Jaya Tbk. Starting from expanding locations with a focus on the Eastern Indonesia region, expanding the services of various product types, and even exploring new business lines.

In his presentation, Lexi Rompas mentioned that he has big aspirations for the company’s future. As a public company from East Kalimantan, TRJA will fully support government programs to bring economic recovery to the region.

“Empowering the sons and daughters of the region to become superior human resources and supporting MSMEs and companies in East Kalimantan,” he said.

To survive under any circumstances, the company will prove its commitment through ongoing CSR activities. Even in business, the company continues to purchase vehicles and spare parts from business partners who are dealers and suppliers in Balikpapan, East Kalimantan.

The company’s current initiatives align with the government’s preparations for East Kalimantan to become the Future Capital of the Republic of Indonesia. On several occasions, TRJA has consistently demonstrated that even in the worst conditions, tasks and responsibilities in the company are well-synchronized to revive the economic vitality in its surroundings. This, undoubtedly, also opens up many business opportunities for TRJA in the future, both within and outside the region.

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