Wijaya Karya New Contracts Ytd is IDR11.35trn

Management of PT Wijaya karya (WIKA IJ, Neutral, TP: IDR3,100) has stated that the company has achieved IDR11.35trn of new contracts until the first week of September. This achievement includes the ~IDR1.5trn Myanmar contract, IDR500bn conveyor system for PT Bukit Asam (PTBA IJ, BUY), IDR409bn for Jakarta International Container Terminal and several others. WIKA is also targeting government projects that will soon be disbursed in this 2H14. Management stated that the company has a winning rate at about 20%.