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Thursday, July 30, 2015

United Tractors Achieved Net Income of Rp 3.41 Trillion for the First Semester 2015

  PT United Tractors Tbk (“UT”) today reported the Company’s operational performance for the first half 2015 that showed a decrease, while financial performance was slightly increased.   The Company's consolidated net revenue as of June 2015 recorded a decrease by 9% to Rp24.95 trillion compared to Rp27.53 trillion in the first half 2014. However, the favourable US Dollar exchange rate had helped to slightly improve the Company’s net profit, which was recorded at Rp3.41 trillion, a 4% increase compared to the corresponding period last year.   Construction Machinery Segment   Construction Machinery segment recorded a decrease in Komatsu sales volume by 38% to 1,375 units from 2,207 units. The decrease remains due to the ongoing subdued market conditions and

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heavy equipment
Monday, June 22, 2015

The Official Announcement of 20 Scania Euro 6 Articulated Buses as Transjakarta Fleet

On Monday, 22 June 2015, coinciding with the 488th anniversary of DKI Jakarta, PT Transjakarta has performed the inauguration Scania Euro 6 articulated buses, which is mediated by PT United Tractors Tbk (UT), 20 units of a total of 51 units as Transjakarta fleet. This event was held at west plaza of Monas, Central Jakarta and attended by Basuki Tjahaja Purnama, Governor of DKI Jakarta Province; Antonius NS Kosasih, Director of PT Transjakarta; Gidion Hasan, President Director of UT; Loudy Irwanto Ellias, Director of UT; and other honorary guests. Articulated bus Scania Euro 6 is expected to be ready to operate in July 2015.   In his speech, Jakarta Governor has expressed his happiness over the realization of the

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Saturday, June 13, 2015

Nurturing the Environmental Conservation at Pantai Muara Tawar

Jakarta: On Saturday, 13 June 2015, PT United Tractors Tbk (UT) together with its subsidiaries conducted mangrove planting and voluntary day at Pantai Muara Tawar, Marunda. The activity was attended by UT’s Director, Bp. Edhie Sarwono; Department of Animal Husbandry, Fisheries and Maritime Affairs; Sectoral Police Chief, AKP Kunto Bagus; community leaders and villagers of Segara Jaya; UT group management; as well as UT group employees.   This activity is a manifestation of UT’s commitment to build awareness and actively  participating in understanding the importance of environmental conservation. Historically, since 2012 until the end of 2014, UT group has planted about 91,000 mangroves in Jakarta, covering Pantai Muara Tawar as well as Cengkareng Ecotourism area. Mangrove planting target in

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Tuesday, April 21, 2015

United Tractors Distributes Rp 2.76 Trillion or Rp 740 per Share Cash Dividend for Financial Year 2014

JAKARTA: On Tuesday, 21 April 2015, United Tractors (“UT/ the Company”) conducted the Annual General Meeting of Shareholders (“AGMS”) at JW Marriott Hotel, Jakarta. The AGMS adopted the resolutions in brief as follows: Approved and accepted the Annual Report for the book year 2014, ratified of the Supervisory Report of Board of Commissioners, and ratified the  Financial Statement of the Company for the book year 2014, audited by the Public Accountant Firm of Tanudiredja, Wibisana & Partners (a member of the PricewaterhouseCoopers network of firms) as stated in their  report dated 20 February 2015, rendering the opinion of fairly stated in all material respects. Approved the utilization of profits of Rp5.36 trillion as follows: to be distributed as

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Thursday, February 26, 2015

United Tractors Recorded 2014 Net Income of Rp 5.37 Trillion

  PT United Tractors Tbk (“UT”) today reported the Company’s performance in 2014 that showed an increased in comparison to 2013.   The Company’s consolidated net revenue in 2014 recorded an increase by 4% to Rp53.14 trillion from Rp51.01 trillion in 2013. The favorable exchange rate serves as one major factor that generates positive impact, thus increasing the Company’s gross profit by 27%, while the Company’s net income increased 11% to Rp5.37 trillion from Rp4.83 trillion.   The continuing decrease of the coal price led the Company to assess its mining properties value and determine provision of impairment of this mining property. The provision charge to profit after tax attributable to owners of the parent was amounted to Rp1.54

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