<![CDATA[The purpose of this study was to find steps in restoring the company's financial condition through the company's turnaround proxy. The crisis due to Covid-19 has an impact on the company's finances which ended in a slump so that a strategy must be found to overcome the company's financial problems. This study uses a turnaround proxy in the financial recovery process. Research Method: This study usesa descriptive qualitative statistical analysis method, namely by understanding the phenomena that occurred during the Covid-19 pandemic which caused the company's financial difficulties. Findings/Results: steps taken in Financial Recovery are applied to reverse the loss situation into a profitable situation, including by reducing operational costs through (1) free assets, (2) asset reduction, (3) severity.]]>
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