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First quarter, Adhi Karya records Rp 2.5 trillion new contract earnings

08 April 2020 16:29

JAKARTA - Until the end of the first quarter of this year, PT Adhi Karya Tbk (ADHI) managed to book a new contract earnings as much as Rp 2.5 trillion.

As reported by Bisnis, the new contract earnings in March came from the contract for the construction of a residential gas network in Aceh and North Sumatra and the construction of an interchange in Sragen, Central Java. Both projects are valued at Rp 271.5 billion.

For information, the new contracts earnings realization in the first quarter is in line with the company's target of Rp 2.4 trillion. Whereas for 2020, the company is targeting a new contract earnings of Rp 35 trillion.

One of the contributors of ADHI's total contract in the first quarter was the MRT CP201 ​​Contract Package project as much as Rp 1.41 trillion. (LM)

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