JAKARTA (Yosefardi) – Truba Alam Manunggal Engineering Tbk (TRUB) suffered loss of Rp122 billion in first nine months of this year, widened from Rp7.55 billion in the same period of last year.
Revenue increased 27% to Rp1.19 trillion from previous Rp940 billion. Revenue from industry contracts reached Rp394 billion, construction services for electricity power contributed revenue of Rp306 billion, tank and pipe Rp235.59 billion and maintenance services Rp181 billion.
Cost of revenue reached Rp1.07 trillion. Its assets totaled Rp2.87 trillion while liability amounted Rp2.59 trillion.
The company’s contracts were awarded by Chevron Pasific Indonesia (Rp234 billion), Shanghai Electric (Rp157 billion), Indocement Tunggal Prakasa (Rp139 billion), and Vale Indonesia (Rp45 billion).