ADHI - PT. Adhi Karya (Persero) Tbk

Rp 254

+2 (+1,00%)

JAKARTA – PT Adhi Karya (Persero) Tbk (ADHI) aims to secure 10%-15% growth in its new contracts in 2023, compared to the realisation of new contracts of IDR 23.7 trillion in 2022. Assuming the growth rate hit 15% mark, the realisation will reach IDR 27.25 trillion.

Farid Budiyanto, Corporate Secretary of Adhi Karya, said that these new contracts will be secured from toll road, waste treatment, and other infrastructure projects. “We aim to secure those new contracts from government and private sectors, as well as state-owned companies,” he mentioned in the press release quoted Thursday (26/1).

This year’s new contract target is lower than the realisation of 2022’s new contract growth of 57%, shifting from IDR 15.2 trillion recorded in 2021. In 2022, the most extensive contributor to the revenue was the engineering and construction business line, dominating 88% of the revenue. The property ine covered another 6%, while other segments filled in the rest. (LK/ZH)