JAKARTA (Yosefardi) – PT Roda Vivatex Tbk (RDTX), manufactures textile, cloth and yarn, had cut its employees by 40% and closed for temporary its weaving segment.
The company opted this option, including production cut, as response over bearish domestic market and the depreciation of the rupiah.
The company booked net profit of Rp140 billion in first nine months of 2013 on net revenues of Rp302.14 billion. Its assets totaled Rp1.43 trillion while liability amounted Rp335.98 billion.