Page 40 - KRA Annual Report 2020
P. 40
KRA ANNUAL REPORT Key
2020 Highlight
NET PROFIT (LOSS)
Net Profit after tax during the period of 2020 was
decreased 67.2% compared to previous year. It
was USD 4.0 Million or equal to 12.1% from total
sales. Meanwhile the net profit after tax during
the period of 2019 was USD 12.4 Million or equal
to 13.3% from total sales.
FIXED ASSETS — Net
Company’s fixed assets increased by 5.4%
compare to previous year. Fixed assets owned
by the company as 31 March 2021 was reported
USD 28.1 Million whereas the fixed assets as 31
March 2020 was reported USD 26.7 Million.
The increasing of fixed assets occurred as
impact of recognition of fixed assets in 2020.
EQUITY
Equity at the end of fiscal year 2020 was USD
57.7 Million or decreased around 7.8% compared
to previous year. Decreasing in equity occurred
as the result of retained earnings in fiscal year
2020.
Page [ 39 ]
| Readiness and Resilience | Annual Report 2020 | Komatsu Remanufacturing Asia |
