JAKARTA (Yosefardi) – State construction firm PT Adhi Karya Tbk (ADHI) booked new contracts of Rp10.6 trillion as of October 2015, doubled from Rp5.3 trillion in the same period of 2014.
The achievement has surpassed last year’s contracts of Rp9.2 trillion new contracts. For this year, ADHI targets new contracts to reach Rp18.7 trillion. Then, the achievement as October represents 56.7% of this year’s target.
Of total contract, building construction contributes contracts of Rp5.3 trillion, roads and bridges construction contributes 35% while port and other infrastructure contribute 15%.
ADHI booked net profit of Rp137.3 billion in the first nine months to September of 2015, grew by 36% from Rp101 billion in the same period of 2014. Revenues reached Rp5.4 trillion.