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Waskita Karya revises its new contract target

08 November 2019 09:08

JAKARTA. PT Waskita Karya Tbk (WSKT) decided to revise its new contract target to Rp 35 trillion-Rp 40 trillion.

With this, Waskita has cut its new contract target twice. In early 2019, the company set a new contract target of Rp 55 trillion, and then it was revised to Rp 40 trillion-Rp 44 trillion.

Until the end of the third quarter of 2019, Waskita only realized Rp 15.12 trillion, less than half of the target. However, the company is optimistic that it can achieve its current target because it is participating in several tenders for infrastructure projects in Kalimantan and abroad. (AM/AR)

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