JAKARTA, September 2, 2022 – (ACN Newswire) – PT WIJAYA KARYA (Persero) Tbk. WIKA successfully recorded gross profit of Rs 627.24 billion in Q2-2022, 14.8% higher on an annual basis (YoY) as recorded in the financial statements for the period ended June 30, 2022. This figure has The company’s sales were up Rp 7.18 trillion or 6.2% year-on-year.
WIKA Chairman and CEO Agung Budi Waskito (Agung BW) said the improved sales performance was driven by a 2% increase in the infrastructure and building sector, an increase of 9, 8% in the industrial sector and an increase of 167.6% in the property and real estate sector year-on-year. The bulk of the property and real estate sector’s revenue was contributed by the hotel business following the process of holding public enterprise hotels or BUMNs by WIKA’s subsidiary, WIKA Realty.
In July, WIKA secured new contracts worth R14.67 trillion. The main contributors were the infrastructure and building sector with 58.4% and the industry sector with 22.7%. The high number of new contracts in these sectors is also due to the strategic infrastructure development program promoted by the Indonesian government to face the G20.
PT WIJAYA KARYA (Persero) Tbk. WIKA
Source: PT Wijaya Karya (Persero) Tbk.
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