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Adhi Karya new contract earning in 2018 surpasses target

11 March 2019 06:13 AM  Company: PT. Adhi Karya (Persero) Tbk[ADHI]
Rp. 1,440  -10 (-0.69%)

JAKARTA - Last year, PT Adhi Karya Tbk (ADHI) succeeded in surpassing the target of obtaining a new contract of Rp 24.8 trillion from the target of Rp 23.3 trillion.

Ki Syahgolang Permata explained that throughout 2018, ADHI managed to record the acquisition of a new contract of Rp 24.8 trillion. "This is a calculation outside of taxes. This amount is greater than the target set by the company at the beginning of last year, which was Rp 23.3 trillion," he added.

For 2019, Syahgolang said that the company continues to optimize to obtain a conservative growth of new contracts, which is around 5%. This year ADHI targets to obtain a new contract of Rp 26.04 trillion.

"This is influenced by unpredictable political conditions ahead of the 2019 election. And the new contract obtained by ADHI has been dominated by state-owned, government and private projects," said Ki Syahgolang. (AM/LM)

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PT. Adhi Karya (Persero) Tbk [ADHI]   Rp. 1,440   -10 (-0.69%)