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Wika Beton Booked IDR3.06Trn New Contracts in 1H18

By administrator | July 4, 2018 | Infrastructure Transportation.

Wijaya Karya Beton, Tbk (WTON:IJ) has booked IDR3.06Trn new contracts in 1H18, compared to 1H17 new contracts of IDR2.6Trn. This new contracts realization reached 40% of the FY18 targeted new contracts of IDR7.56Trn. About 33.25% of the new contracts came from internal.

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United Tractors Allocates USD800Mn Capex

By administrator | January 5, 2018 | Infrastructure Transportation.

United Tractors, Tbk (UNTR:IJ) has allocated capital expenditure (capex) amounting to USD800Mn (+39.13% YoY) in FY18. The source of capex will be coming from internal cash and bank loans. Of the total FY18 capex, United Tractors has allocated the biggest portion to its heavy equipment mining contractor subsidiary, Pamapersada.

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Wika Beton Realize 90% its 2017 Capex

By administrator | December 14, 2017 | Infrastructure Transportation.

Wijaya Karya Beton, Tbk (WTON:IJ) budgeted its capital expenditures (capex) amounting to IDR682Bn in 2017. Almost the entire or reached 90% of capex budget has been absorbed in 11M17. While, as many as 10% of the remaining stay waiting for the payment period 2017, along the overall capex are used to add production.

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Bank Tabungan Negara Recorded 21% Credit Growth in 11M17

By administrator | December 13, 2017 | Finance.

Bank Tabungan Negara, Tbk (BBTN:IJ) recorded credit growth of 21.7% YoY in 11M17, amounting to IDR192.2Trn in 11M17 compared to IDR157.93Trn in 11M16. For FY18, the company projects credits to grow above.

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Wika Beton Booked IDR5Trn New Contract

By administrator | December 12, 2017 | Infrastructure Transportation.

Wijaya Karya Beton, Tbk (WTON:IJ) booked IDR5Trn in 11M17, which come from various projects such as steam power plant (PLTU) project in Batang, ready mix for Balikpapan-Samarinda toll road project, and pile in PLTU Tangguh Expansion Batch.

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Wika Beton Target 20% of Revenue Growth

By administrator | December 12, 2017 | Infrastructure Transportation.

Wijaya Karya Beton, Tbk (WTON:IJ) is targeting revenue growth of 20% in 2018, since the company current production capacity has reached 3 million tons per year. The production capacity is reached after the addition of two new factory operates the last three months. The factory in South Lampung, and Sumba donating 300,000 tons production capacity.

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PP Presisi Profit Increase 234% in 3Q17

By administrator | November 30, 2017 | Infrastructure Transportation.

PP Presisi, Tbk (PPRE:IJ) recorded a revenue of IDR930Bn as of September 2017, or increase 271% YoY compare to same period 2016 worth IDR251Bn. The largest contribution to revenues is came from civil work including foundation work amounting to 61%. Followed by, rent of heavy equipment contributed about 16%, ready mix 14%, and others contributing.

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Summarecon Agung Profit Increase Significantly

By administrator | November 28, 2017 | Property Real Estate.

Summarecon Agung, Tbk (SMRA:IJ) recorded its sales of IDR3.99Trn until September 2017 or grow 10.5%, compared to same period last year. Along with the increase in sales, net profit increase significantly up to 107.32% YoY to IDR119.5Bn. Until September 2017, company’s marketing sales recorded IDR1.99Trn or fell 9.6% compare to same period.

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Astra Infra will Build Kertajati Access Toll

By administrator | November 15, 2017 | Infrastructure Transportation.

Astra Infra will continue doing business expansion on the toll roads. After the official owns Cikopo-Palimanan (Cipali) Toll Roads, company is planning to build Kertajati access toll roads. Toll access which is the addition of the Cipali Toll Roads region, is estimated reach 4km to 5km. Previously, the company has submitted plans to.

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Semen Indonesia Divest its Subsidiary

By administrator | June 13, 2016 | Basic Industry.

Semen Indonesia, Tbk (SMGR IJ) plans to sell one of its subsidiary, parts of company’s working capital increase plan. Based on 1Q2016 data, Semen Indonesia had 15 subsidiaries engaged in a variety of fields, such as the cement industry and supporting of industries cement. As a cement holding state owned enterprises (SOE), Semen Indonesia has.

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