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Waskita Beton Precast realises 54.93% of new contract target

14 November 2018 11:44 AM  Company: PT. Waskita Beton Precast Tbk[WSBP]
Rp. 386  +28 (7.82%)

JAKARTA - PT Waskita Beton Precast Tbk (WSBP) has realised 54.93% of its new contracts as of October 2018 from the total target of Rp 8.3 trillion targeted this year.

WSBP Corporate Secretary Ratna Ningrum explained the company had obtained several new contracts in October 2018. The projects obtained include the addendum of the Cibitung-Cilincing toll road, the addendum of the Kulon Progo 1 project, the addendum of the Balikpapan Refinery Development Master Plan (RDMP), and other projects.

"As of October 2018, the value of the new contracts is Rp 4.56 trillion," Ms Ningrum told Bisnis.com, Tuesday (13/11).

With the value of the new contract, WSBP has realised 54.93% of its new contract target this year. The total amount targeted is valued at Rp 8.3 trillion.

Ms Ningrum added that the company has received payment of terminals from several projects in October 2018. The funds came from the Bekasi-Cawang-Kampung Melayu toll road project, the National Capital Integrated Coastal Development (NCICD), the Bogor-Ciawi-Sukabumi toll road, toll road Kunciran-Parigi, and other projects.

"The acquisition of terminals in October 2018 is around Rp 577 billion," she said. (MS)

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PT. Waskita Beton Precast Tbk [WSBP]   Rp. 386   +28 (7.82%)