Plantation firm Salim Ivomas Pratama (SIMP) suffered loss of Rp642billion in 2019, widened from loss Rp178 billion in 2018. Sales declined 2.9% to Rp13.65 trillion and operating profit dropped 34.3% to Rp639 billion as other operating expenses jumped 234% to Rp294 billion. Its assets reached Rp34.9 trillion while liability amounted Rp17.13 trillion. The company has huge cash of Rp1.71 trillion per December 2019.