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Triwulan

United Tractors Recorded Net Income of Rp 4.5 Trillion

“The increased activities across markets of heavy equipment as well as higher commodity price have
resulted in improved Company’s performance during first half 2021. Despite the continuing presence of
Covid-19 pandemic challenges, the Company expects that the commodity price trend will remain positive
until end of this year. UT management is fairly optimistic that the full year target will be achieved as
planned.“
-Frans Kesuma, President Director.

On 29 July 2021, United Tractors (UT/the Company) has released its consolidated financial
statements for the first half 2021. As of June 2021, the Company recorded net revenue of Rp37.3
trillion, increased by 12% compared to Rp33.2 trillion in the same period of 2020. In line with the
increase in net revenue, the Company’s net profit was up by 11% to Rp4.5 trillion compared to
Rp4.1 trillion in 2020.

Heavy equipment sales under Construction Machinery segment recorded an increase in Komatsu
sales volume by 60% to 1,361 units from 853 units. Sales of spare parts and maintenance services
increased by 8% to Rp3.6 trillion. Overall, Construction Machinery segment recorded revenue of
Rp9.4 trillion or increase 29% year on year. Mining Contracting segment recorded 3% higher net
revenue at Rp15.4 trillion, with 57.6 million tons of coal production and 409.1 million bcm of
overburden removal. Coal Mining segment recorded higher coal sales volume at 6.3 million tons,
with net revenue increased by 23% to Rp7.5 trillion. Gold Mining segment recorded revenue of
Rp4.3 trillion, with gold sales volume achieved 176 thousand ounces. The last segment,
Construction Industry, recorded net revenue of Rp636 billion or down by 15%.

To the Company’s consolidated net revenue, Mining Contracting segment contributed 41%,
followed by 25% from Construction Machinery, 20% from Coal Mining, 12% from Gold Mining
and 2% from Construction Industry.

As of June 2021, construction progress of 2×1,000 MW coal fired power plant by Bhumi Jati
Power, which is 25%-owned by the Company, has reached 99%

Detail

2021
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2020
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2019
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2018
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2017
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2016
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2015
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2014
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2013
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2012
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2011
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2010
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2008
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2007
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2006
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2005
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2004
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2003
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2002
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2001
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2000
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