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Tuesday, December 04, 2018

United Tractors Expands Its Business Portfolio through Gold Mining Acquisition

In addition to its current portfolio business in heavy equipment, mining contracting, mining concession, construction industry and energy, PT United Tractors Tbk ("the Company") as one of the leading heavy equipment distributor in Indonesia, has successfully diversify its business through gold mine acquisition.   The Company through its wholly own subsidiary, PT Danusa Tambang Nusantara, on 4th December 2018 has completed the acquisition of 95% shares in PT Agincourt Resources, a mining company engaged in exploration, mining, and mineral processing of gold in North Sumatra, for approximately US$1.0 billion.   Upon completion of this transaction, PT Agincourt Resources is 95% owned by PT Danusa Tambang Nusantara, while the remaining 5%

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heavy equipment
Thursday, July 26, 2018

United Tractors Membukukan Laba Bersih Semester Pertama Tahun 2018 Sebesar Rp 5,5 triliun

  PT United Tractors Tbk (”Perseroan”) membukukan pendapatan bersih sebesar Rp38,9 triliun sepanjang semester pertama tahun 2018 atau meningkat sebesar 32% dibandingkan Rp29,4 triliun pada periode yang sama tahun 2017. Peningkatan pendapatan bersih ini didorong oleh peningkatan kinerja dari seluruh lini bisnis milik Perseroan. Masing-masing unit usaha, yaitu: Mesin Konstruksi, Kontraktor Penambangan, Pertambangan, dan Industri Konstruksi secara berturut-turut memberikan kontribusi sebesar 36%, 45%, 15% dan 4% terhadap total pendapatan bersih konsolidasian.   Peningkatan kinerja operasional dan marjin pendapatan yang lebih tinggi mendorong peningkatan laba bersih Perseroan tumbuh sebesar 60% mencapai Rp5,5 triliun dibandingkan dengan laba bersih pada periode yang sama tahun 2017 sebesar Rp3,4 triliun.   Segmen Usaha Mesin Konstruksi   Pada semester pertama tahun 2018, segmen usaha Mesin Konstruksi mencatat peningkatan penjualan alat berat

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heavy equipment
Tuesday, February 27, 2018

United Tractors Recorded Net Profit of Rp 7.4 Trillion for 2017

PT United Tractors Tbk (“the Company”) closed the year of 2017 with consolidated net revenue of Rp64.6 trillion, or increased by 42% from Rp45.5 trillion in 2016, driven by improved performance in all business segment. Overall, to the Company’s consolidated net revenue, Mining Contracting segment contributed 46%, followed by Construction Machinery with 38%, Mining with 11%, and Construction Industry with 5% contribution.   In line with the revenue, the Company’s net profit increased by 48% to Rp7.4 trillion compared to Rp5.0 trillion in 2016, mainly due to higher operational volumes and better profit margins.   Construction Machinery Segment   Construction Machinery recorded an increase in Komatsu sales volume by 74% from a total of 2,181 units in 2016

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heavy equipment
Thursday, July 27, 2017

Laba Bersih United Tractors Semester Pertama Tahun 2017 Tercatat Sebesar Rp 3,4 triliun

PT United Tractors Tbk (”Perseroan”) membukukan pendapatan bersih sebesar Rp29,4 triliun sepanjang semester pertama tahun 2017 atau meningkat sebesar 30% dibandingkan periode yang sama tahun 2016. Peningkatan  pendapatan bersih ini utamanya disebabkan oleh peningkatan volume penjualan alat berat, produksi batu bara dan overburden removal, serta rata-rata harga jual batu bara. Masing-masing unit usaha, yaitu: Mesin Konstruksi, Kontraktor Penambangan, Pertambangan, dan Industri Konstruksi secara berturut-turut memberikan kontribusi sebesar 38%, 45%, 13% dan 4% terhadap total pendapatan bersih konsolidasian.   Sejalan dengan peningkatan kinerja operasional disertai dengan marjin pendapatan yang lebih baik, Perseroan membukukan laba bersih sepanjang semester pertama tahun 2017 mencapai Rp3,4 triliun atau meningkat sebesar 85% jika dibandingkan dengan laba bersih pada semester pertama tahun 2016 sebesar Rp1,9 triliun.   Segmen Usaha Mesin Konstruksi   Segmen

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heavy equipment
Tuesday, April 04, 2017

Construction of Tanjung Jati B Coal-fired Power Plant Units 5 & 6 Expansion Project (2,000 MW) Commences

  PT Bhumi Jati Power (“BJP”) has satisfied the required conditions precedent for the project financing of the Tanjung Jati B coal-fired power plant Units 5 & 6 Expansion Project or also called Pembangkit Listrik Tenaga Uap (PLTU) Jawa-4 (“Project”) and commenced construction work on the Project on March 31, 2017. BJP is owned by Sumitomo Corporation, The Kansai Electric Power Co., Inc., and PT United Tractors Tbk, through wholly-owned subsidiaries, respectively Sumi  Energy Ventures LLC, KP Power Development B.V. , and PT Unitra Persada Energia.                                                                                                            This BOT (Build, Operate and Transfer) Project will cost approximately US$4.2 billion, and the project cost mainly funded with the loan  from the Japan Bank for International Cooperation (JBIC) and a syndication

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