PT United Tractors Tbk Distributes Rp2.4 Trilion Cash Dividend for Financial Year 2020

PT United Tractors Tbk Distributes Rp2.4 Trilion Cash Dividend for Financial Year 2020

09 April 2021 – Jakarta

JAKARTA: On Friday, 09 April 2021, United Tractors (“UT/ the Company”) conducted the 2021 Annual General Meeting of Shareholders (“AGMS”) at Catur Dharma Hall Menara Astra, Jakarta.

The AGMS adopted the resolutions in brief as follows:

1. Approved the Annual Report for the Financial Year 2020, including the ratification of the Supervisory Report of Board of Commissioners and ratification of the Consolidated Financial Statements of the Company and Subsidiaries for the Financial Year 2020 audited by the Public Accounting Firm of Tanudiredja, Wibisana, Rintis & Rekan, as stated in its report dated 19 February 2021, rendering fair opinion in all material respects.

2. Approved the utilization of profits of Rp6.0 trillion as follows:

    • to distribute as a cash dividend Rp644 per share or equal to the total amount of Rp2.4 trilion, including the interim dividend in the amount of Rp171 per share or equal to the total amount of Rp637 billion, has been paid on 20 October 2020, whereas the remaining amount of Rp473 per share or equal to the total amount of Rp1.8 trillion will be distributed to each shareholder (whose names are listed in the shareholders registry on 21 April 2021 at 04.00 PM IWT) on 11 May 2021,
    • the remaining amount shall be recorded as retained earnings.

3. a. Appointed member of the Board of Commissioners of the Company for the term of office 2021-2023, as follows:

President Commissioner : Mr. Djony Bunarto Tjondro
Vice President Commissioner : Mr. Gidion Hasan
Commissioner : Mr. Djoko Pranoto Santoso
Commissioner : Mr. Benjamin Herrenden Birks
Independent Commissioner : Mr. Paulus Bambang Widjanarko
Independent Commissioner : Mr. Nanan Soekarna

b. Appointed member of the Board of Directors of the Company for the term of office 2021-2023, as follows:

President Director : Mr. Frans Kesuma
Director : Mr. Iman Nurwahyu
Director : Mr. Loudy Irwanto
Director : Mr. Iwan Hadiantoro
Director : Mr. Idot Supriadi
Director : Mr. Edhie Sarwono

4. Authorized the Board of Commissioners of the Company to determine the amount of remuneration and allowances of the Board of Directors, by taking into consideration the recommendation of the Nomination and Remuneration Committee of the Company; and approved the determination salary or honorarium and allowances od the Board of Commissioners of the Company for the year 2021-2022.

5. Appointed Public Accountant Firm Tanudiredja, Wibisana, Rintis & Rekan one of the public accounting firms in Indonesia, registered in the Financial Services Authority to audit the Consolidated Financial Statements of the Company and Subsidiaries for the financial year of 2021.

6. Approved the amendment of the Articles of Association of the Company regarding to comply with the Regulation of Financial Services Authority No. 15/POJK.04/2020 regarding the General Meetings of Shareholders of Public Companies and Regulation of Financial Services Authority No. 16/POJK.04/2020 regarding the implementation of the General Meetings of Shareholders of Public Companies Electronically.

For further information, please contact the following:

Corporate Secretary    : Sara Loebis

Email                           : ir@unitedtractors.com

Address                       : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 1310

Phone                         : (62-21) 24579999, Fax: (62-21) 4600655

United Tractors Recorded Net Income of Rp6.0 Trillion for 2020

United Tractors Recorded Net Income of Rp6.0 Trillion for 2020

25 February 2021 – Jakarta

Today, PT United Tractors Tbk (“the Company”) has released its consolidated financial for the year ended 2020. The COVID-19 pandemic and weakening coal price have severely impacted the Company’s overall performance. The Company recorded consolidated revenue of Rp60.3 trillion, down 29% from Rp84.4 trillion in 2019. In line with the decrease in revenue, the Company’s net profit was down 47% to Rp6.0 trillion compared to Rp11.3 trillion.

Overall, to the Company’s consolidated net revenue, Mining Contracting segment contributed 48%, followed by 22% from Construction Machinery, 16% from Coal Mining, 12% from Gold Mining and 2% from Construction Industry.

Construction Machinery Segment
Construction Machinery segment recorded a decrease in Komatsu sales volume by 47% to 1,564 units from 2,926 units in the same period last year. The decline in commodity prices and activity in all sectors delivered severe impacts to heavy equipment demand. Along with the decline in heavy equipment sales, revenue of spare parts and maintenance services decreased by 34% to Rp6.0 trillion. Based on internal market research, Komatsu maintained its position as market leader with 29% market share.

Sales volume of UD Trucks was down from 420 units to 224 units, as well as Scania products decrease from 432 units to 217 units. In total, Construction Machinery segment recorded a decrease in revenue by 41% to Rp13.4 trillion from Rp22.6 trillion in 2019.

Mining Contracting Segment
The Company operates its Mining Contracting segment through PT Pamapersada Nusantara (PAMA). In 2020, Mining Contracting recorded net revenue of Rp29.2 trillion, down by 26% from Rp39.3 trillion in 2019. PAMA recorded 13% decrease in coal production from 131.2 million tons to 114.6 million tons, and 17% decrease in overburden removal volume, from 988.9 million bcm to 825.0 million bcm.

Coal Mining Segment
The Company’s coal mine segment was operated by PT Tuah Turangga Agung (TTA). Until December 2020, TTA recorded total coal sales volume of 9.3 million tons including 1.9 million tons of coking coal, or increased 9% compared to 8.5 million tons in 2019. Despite the increased volume, Coal Mining revenue was decreased by 11% to Rp9.5 trillion due to lower average coal selling price.

Gold Mining Segment
The Company’s gold mine segment was operated by PT Agincourt Resources (PTAR). PT Agincourt Resources operates Martabe gold mine located in South Tapanuli, North Sumatra. In 2020, the total sales volume of gold equivalent from Martabe was recorded at 320 thousand ounces, down 22% compared to 410 thousand ounces last year. Gold Mining segment recorded net revenue of Rp7.0 trillion or down 12% from Rp7.9 trillion. The average realized selling price for gold after hedging was USD1,465 per ounce, compared to USD1,369 per ounce in 2019.

Construction Industry Segment
The Construction Industry segment was represented by PT Acset Indonusa Tbk (ACSET). In 2020, Construction Industry reported net revenue of Rp1.2 trillion compared to Rp3.9 trillion in 2019. ACSET recorded a net loss of
Rp1.3 trillion, mainly due to the slowdown of several ongoing projects and reduced new project opportunities due to COVID-19 pandemic.

Energy Segment
PT Bhumi Jati Power (BJP) whose 25% shares are owned by the Company is currently in the construction process of 2×1,000 MW thermal power plant in Jepara, Central Java. Until December 2020, the construction progress has reached 97%. BJP is a joint venture between a subsidiary of the Company, Sumitomo Corporation, and Kansai Electric Power Co. Inc.

 

For further information, please contact the following:

Corporate Secretary : Sara Loebis

Email : ir@unitedtractors.com

Address : Jl. Raya Bekasi Km.22 Cakung, Jakarta Timur 1310

Phone : (62-21) 24579999, Fax: (62-21) 4600655

 

United Tractors Memperoleh Apresiasi Pendidikan Vokasi dari Kementerian Pendidikan dan Kebudayaan (Kemendikbud)

United Tractors Memperoleh Apresiasi Pendidikan Vokasi dari Kementerian Pendidikan dan Kebudayaan (Kemendikbud)

Jakarta, 21 Desember 2020 – Kementerian Pendidikan dan Kebudayaan Republik Indonesia melalui Dirjen Pendidikan Vokasi memberikan apresiasi kepada PT United Tractors Tbk (UT) yang telah berkomitmen mendukung program link and match dengan Pendidikan Vokasi. Apresiasi ini diberikan dalam acara Indonesia Vocational Outlook 2020 bertempat di Jakarta.

Apresiasi Pendidikan Vokasi ini diberikan guna mewujudkan pendidikan kejuruan atau vokasi di Indonesia agar menjadi lebih baik lagi. Selain UT, terdapat 41 perusahaan lainnya yang menerima penghargaan ini. Dalam sambutan pembukaan, Dirjen Pendidikan Vokasi Kemendikbud RI, Wikan Sakarinto, menyampaikan bahwa mempersiapkan SDM yang kompeten dan unggul merupakan investasi terbaik bagi masa depan Indonesia. Oleh karena itu penting untuk melakukan link and match antara pendidikan vokasi dan dunia usaha serta industri.

Komitmen UT untuk mendukung Pendidikan Vokasi terlaksana melalui program Sekolah Binaan United Tractors (SOBAT) yang dimulai sejak tahun 2008. Fokus pengembangan yang UT lakukan bagi Sekolah Menengah Kejuruan (SMK) adalah melakukan peningkatan kompetensi guru dan siswa dengan memberikan pelatihan, magang, uji kompetensi, serta sertifikasi kompetensi. Selain itu UT juga melakukan pendampingan untuk memperkuat sistem manajemen di sekolah agar sesuai dengan Industri dan Dunia Kerja (IDUKA), melakukan standardisasi ruang kelas, workshop, hingga membangun safety center di beberapa sekolah.

Dengan adanya apresiasi ini diharapkan semakin banyak lagi dunia usaha dan industri yang berkomitmen untuk meningkatkan Pendidikan Vokasi di Indonesia.

Sekilas Tentang United Tractors

PT United Tractors Tbk (UT) yang dikenal sebagai distributor alat berat terbesar di Indonesia telah menjadi perusahaan publik dan telah berdiri sejak tahun 1972. Saat ini UT telah berkembang dan memiliki lima pilar bisnis, yaitu Mesin Konstruksi, Kontraktor Penambangan, Pertambangan, Industri Konstruksi dan Energi. Sebagai salah satu kontribusi UT terhadap pencapaian sasaran pembangunan berkelanjutan (SDGs), UT secara konsisten melaksanakan program pendidikan dengan sebutan United Tractors for Education and Bright Future (UTFUTURE).

United Tractors Recorded Net Income of Rp5.3 Trillion until the Third Quarter of 2020

Monday, October 26, 2020

 

PT United Tractors Tbk (“the Company”) today released its consolidated financial statements until the third quarter of 2020. The COVID-19 pandemic and weakening coal price have severely impacted the Company’s overall performance. As of September 2020, the Company recorded consolidated revenue of Rp46.5 trillion, down 29% from Rp65.6 trillion in the same period last year. In line with the decrease in revenue, the Company’s net profit was down 38% to Rp5.3 trillion compared to Rp8.6 trillion.

 

Overall, to the Company’s consolidated net revenue, Mining Contracting segment contributed 48%, followed by 22% from Construction Machinery, 16% from Coal Mining, 12% from Gold Mining and 2% from Construction Industry.

 

Construction Machinery Segment

Construction Machinery segment recorded a decrease in Komatsu sales volume by 54% to 1,191 units from 2,568 units in the same period of 2019. The decline in commodity prices and activity in all sectors delivered severe impacts to heavy equipment demand. Along with the decline in heavy equipment sales, revenue of spare parts and maintenance services decreased by 31% to Rp4.7 trillion. Based on internal market research, Komatsu maintained its position as market leader with 31% market share.

 

Sales volume of UD Trucks was down from 387 units to 154 units, as well as Scania products from 382 units to 129 units. In total, Construction Machinery segment recorded a decrease in revenue by 43% from Rp18.2 trillion to Rp10.3 trillion.

 

Mining Contracting Segment

The Company operates its Mining Contracting segment through PT Pamapersada Nusantara (PAMA). As of September 2020, Mining Contracting recorded net revenue of Rp22.1 trillion, down by 26% from Rp30.0 trillion in the same period of 2019. PAMA recorded 12% decrease in coal production from 96.5 million tons to 85.3 million tons, and 16% decrease in overburden removal volume, from 749.8 million bcm to 630.8 million bcm.

 

Coal Mining Segment

The Company’s coal mine segment was operated by PT Tuah Turangga Agung (TTA). As of September 2020, TTA recorded total coal sales volume of 7.1 million tons including 1.2 million tons of coking coal, or increased 11% compared to 6.5 million tons. Despite the increased volume, Coal Mining revenue was decreased by 11% to Rp7.5 trillion due to lower average coal selling price.

 

Gold Mining Segment

The Company’s gold mine segment was operated by PT Agincourt Resources (PTAR). PT Agincourt Resources operates Martabe gold mine located in South Tapanuli, North Sumatra. Until September 2020, the total sales volume of gold equivalent from Martabe was recorded at 256 thousand ounces, down 16% compared to 306 thousand ounces last year. Gold Mining segment recorded net revenue of Rp5.5 trillion or down 6% from Rp5.9 trillion. The average realized selling price for gold was USD1,482 per ounce, compared to USD1,354 per ounce in the same period last year.

 

Construction Industry Segment

The Construction Industry segment was represented by PT Acset Indonusa Tbk (ACSET). As of September 2020, Construction Industry reported net revenue of Rp958 billion compared to Rp3.1 trillion in the same period of 2019.

ACSET recorded a net loss of Rp753 billion, mainly due to the slowdown of several ongoing projects and reduced new project opportunities due to COVID-19 pandemic.

 

Energy Segment

PT Bhumi Jati Power (BJP) whose 25% shares are owned by the Company is currently in the construction process of 2×1,000 MW thermal power plant in Jepara, Central Java. Until September 2020, the construction progress has reached 95% and is scheduled to start commercial operation in 2021. BJP is a joint venture between a subsidiary of the Company, Sumitomo Corporation, and Kansai Electric Power Co. Inc. 

United Tractors Serahkan Bantuan Ventilator Untuk Penanganan Pandemi COVID-19 Kepada Pemerintah Provinsi Jawa Timur

United Tractors Serahkan Bantuan Ventilator Untuk Penanganan Pandemi COVID-19 Kepada Pemerintah Provinsi Jawa Timur

Selasa, 22 September 2020

 

PT United Tractors Tbk (UT) melalui program Nurani Astra “Berbagi Untuk Negeri”, menyerahkan bantuan 8 (delapan) unit ventilator kepada Pemerintah Provinsi Jawa Timur untuk membantu penanganan pandemi COVID-19. Bantuan ventilator diserahkan oleh Bapak Setiawan sebagai Branch Operation Head UT Cabang Surabaya kepada Ibu Dra. Hj. Khofifah Indar Parawansa, M.Si. selaku Gubernur Provinsi Jawa Timur bertempat di Kantor Pusat Pemerintah Jawa Timur dengan menerapkan protokol kesehatan yang sudah ditentukan.  Bantuan ventilator ini merupakan 8 unit dari total 13 ventilator yang diserahkan UT bagi 4 Provinsi yaitu Jawa Timur, Jawa Barat, Kalimantan Barat dan Sulawesi Utara, dan merupakan bagian dari bantuan tahap kelima Nurani Astra yaitu penyaluran 50 ventilator ke 18 provinsi.

Pada tahap pertama di bulan April 2020, UT Group telah melakukan penyerahan bantuan penanggulangan COVID-19 ke rumah sakit rujukan COVID-19, instansi pemerintah dan masyarakat di seluruh wilayah Indonesia dimana UT Group beroperasi. Adapun total bantuan yang telah disalurkan ke rumah sakit adalah 4.400 hazmat, 2.000 masker N95, 33.500 surgical mask, 400 box sarung tangan medis, 10.000 surgical cap dan hand sanitizer. Sementara bantuan yang diserahkan ke instansi pemerintah berupa 9.300 masker kain, 560 sabun cuci tangan, 172 wastafel portable, alat penyemprot disinfektan, cairan disinfektan dan termometer termal.

Paket sembako juga telah diserahkan kepada masyarakat terdampak pandemi COVID-19 yang berada di sekitar area operasional perusahaan. Total 24.200 paket sembako telah didistribusikan ke sejumlah masyarakat di sekitar area operasional UT Group seperti Adaro, Banjarmasin, Jambi, Lampung, Manado, Medan, Padang, Pekanbaru, Rantau, Samarinda, Satui, Semarang, Soroako, Mataram, Tarakan, Bontang, Sangatta, Muara Lawa, Balikpapan, Makassar, Bengalon, Sorong, Jayapura, Batukajang, Pontianak, Sampit, Surabaya dan Jakarta.

UT Group berharap agar bantuan penanganan COVID-19 yang telah diberikan kepada masyarakat, rumah sakit dan instansi pemerintah dapat mendukung dan meringankan beban banyak pihak yang terdampak oleh pandemi COVID-19 saat ini.

Sekilas Tentang United Tractors

PT United Tractors Tbk (UT) yang dikenal sebagai distributor alat berat terbesar di Indonesia telah berdiri sejak tahun 1972. Saat ini UT memiliki lima pilar bisnis, yaitu Mesin Konstruksi, Kontraktor Penambangan, Pertambangan Batu Bara dan Emas, Industri Konstruksi serta Energi. Sebagai salah satu kontribusi UT terhadap pencapaian sasaran pembangunan berkelanjutan (SDGs), UT secara konsisten melaksanakan program Tanggung Jawab Sosial yang bergerak di bidang pendidikan, kesehatan, lingkungan, pemberdayaan ekonomi masyarakat, serta tanggap darurat bencana.

United Tractors Serahkan Bantuan Ventilator Untuk Penanganan Pandemi COVID-19 Kepada Pemerintah Provinsi Jawa Barat

United Tractors Serahkan Bantuan Ventilator Untuk Penanganan Pandemi COVID-19 Kepada Pemerintah Provinsi Jawa Barat

Jumat, 18 September 2020

 

PT United Tractors Tbk (UT) melalui program Nurani Astra “Berbagi Untuk Negeri”, menyerahkan bantuan 1 (satu) unit ventilator kepada Pemerintah Provinsi Jawa Barat, untuk membantu penanganan pandemi COVID-19. Bantuan ventilator diserahkan oleh Bp Dwi Teguh sebagai Kepala Kantor Perwakilan UT Bandung kepada Bp Dodit Ardian Pancapana, S.T., M.Sc. selaku Divisi Kemitraan dan Penggalangan Bantuan dan disaksikan oleh Bp H. Mochamad Ridwan Kamil, S.T., M.U.D. selaku Gubernur Provinsi Jawa Barat. Acara ini berlangsung di Kantor Gubernur Jawa Barat (Gedung Pakuan) dengan menerapkan protokol kesehatan yang sudah ditentukan.  Bantuan ventilator ini merupakan salah satu dari total 13 ventilator yang diserahkan UT ke 4 Provinsi yaitu Jawa Barat, Jawa Timur, Kalimantan Barat dan Sulawesi Utara dan merupakan bagian dari bantuan tahap kelima Nurani Astra yaitu penyaluran 50 ventilator ke 18 provinsi.

Pada tahap pertama di bulan April 2020, UT Group telah melakukan penyerahan bantuan penanggulangan COVID-19 ke rumah sakit rujukan COVID-19, instansi pemerintah dan masyarakat di seluruh wilayah Indonesia dimana UT Group beroperasi. Adapun total bantuan yang telah disalurkan ke rumah sakit adalah 4.400 hazmat, 2.000 masker N95, 33.500 surgical mask, 400 box sarung tangan medis, 10.000 surgical cap dan hand sanitizer. Sementara bantuan yang diserahkan ke instansi pemerintah berupa 9.300 masker kain, 560 sabun cuci tangan, 172 wastafel portable, alat penyemprot disinfektan, cairan disinfektan dan termometer thermal.

Paket sembako juga telah diserahkan kepada masyarakat terdampak pandemi COVID-19 yang berada di sekitar area operasional perusahaan. Total 24.200 paket sembako telah didistribusikan ke sejumlah masyarakat di sekitar area operasional UT Group seperti Adaro, Banjarmasin, Jambi, Lampung, Manado, Medan, Padang, Pekanbaru, Rantau, Samarinda, Satui, Semarang, Soroako, Mataram, Tarakan, Bontang, Sangatta, Muara Lawa, Balikpapan, Makassar, Bengalon, Sorong, Jayapura, Batukajang, Pontianak, Sampit, Surabaya dan Jakarta.

UT Group berharap agar bantuan penanganan COVID-19 yang telah diberikan kepada masyarakat, rumah sakit dan instansi pemerintah dapat mendukung dan meringankan beban banyak pihak yang terdampak oleh pandemi COVID-19 saat ini.

Sekilas Tentang United Tractors

PT United Tractors Tbk (UT) yang dikenal sebagai distributor alat berat terbesar di Indonesia telah berdiri sejak tahun 1972. Saat ini UT memiliki lima pilar bisnis, yaitu Mesin Konstruksi, Kontraktor Penambangan, Pertambangan Batu Bara dan Emas, Industri Konstruksi serta Energi. Sebagai salah satu kontribusi UT terhadap pencapaian sasaran pembangunan berkelanjutan (SDGs), UT secara konsisten melaksanakan program Tanggung Jawab Sosial yang bergerak di bidang pendidikan, kesehatan, lingkungan, pemberdayaan ekonomi masyarakat, serta tanggap darurat bencana.