As a corporation oriented towards sustainability, AKR is committed to implementing best practices under the ESG initiative. Management ensures that we have the appropriate policies and monitor business support areas such as Health & Safety, Human Rights, Environment, Energy use, impact on Climate Change, Business Ethics and Integrity. We believe that these are necessary not only as a form of our social responsibility, but also to achieve sustainable net profit growth and provide an adequate return for our shareholders.
With the strength of the Company’s logistics infrastructure and disciplined risk management, we delivered positive performance despite many challanges faced by the company during COVID-19 Pandemic and the disruptions to the global supply chain as countries reopened their economies. AKR delivered a commendable performance in 2021, with strong Net Profit growth of 20% reaching Rp1.112 billion. Our achievement was also driven by consistent growth in the core business and increasing contributions from new businesses developed with partners. We also successfully managed operating expenses, working capital, and capital structure so our profitability margins improved. Our balance sheet and cashflow were remaining strong in 2021, our gearing ratio went down to 2%. In addition to financial achievements, the Company also places Environmental, Social, and Governance (ESG) as its main concerns. We believe that sustainable growth can only be realized if we are able to strive to increase our contribution to support nation's economic growth according to our capacity.
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