UT Generated Rp 4.35 Trillion Net Income

The company continued to reap a benefit from the nation’s economic positive trend, as reflected in Komatsu sales volume which surged to 6,396 units or 55% higher than the same period last year. On the Mining Contracting side, normal weather condition has driven Pama to deliver 11% increase in coal production and 22% growth in overburden removal. Meanwhile, total coal sales volume from the Mining business unit recorded sales of 3.21 million ton or went up 63%.

As the result of the increased sales of heavy equipment, coal production, overburden removal and coal sales, the Company’s consolidated revenue succeeded to book a total of Rp39.75 trillion, up 42.9% from Rp27.81 trillion. To this total net revenue, the contribution of each business segment of the Company was 50.1% from Construction Machinery, 40.1% from Mining Contracting and 9.8% from Mining.

The significant growth of net revenue was followed by growth of consolidated gross profit that grew 42.9% to reach Rp7.23 trillion from Rp5.06 trillion. Overall, combined with other income, generated a net profit of Rp4.35 trillion, or 46.9% above the same period last year’s profit of Rp2.96 trillion. Earning per share also went up to Rp1,240 from last year’s Rp890.