Wijaya Karya Beton Targets Orderbook of IDR3.6Trn

Wijaya Karya Beton (WTON IJ, NR) is targeting IDR3.6trn of total FY14F orderbook where management estimates IDR2trn from new contract and IDR1.6trn from carryover projects. Until April, WTON has only secured IDR800mn of contracts. The low achievement was said to have been caused by delays on several projects in Java and management believe situation will pick upped in the coming quarters ahead.

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