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Press Release

WSBP Keeps Achieving Positive Performance During the Pandemic Period

Jakarta, August 3rd, 2020. In the midst of the economic conditions caused by the Covid-19 pandemic which had a wide impact on the business world in Indonesia, WSBP was still able to achieve positive performance. Until the period of June 2020, PT Waskita Beton Precast Tbk (WSBP) has managed to book an operating income of IDR 1.1 trillion and a net profit of IDR 5.18 billion. Apart from the positive profit, WSBP also managed to record a positive operating cash flow of Rp 176 billion.

In the second quarter of this year, the Company also managed to record a new contract value of Rp 1.3 trillion, in which the portion of the external contract value was 67%, higher than the internal contract value of 33%.

Some of the projects that have been achieved include the Padang-Sicincin Toll Road Project, Indralaya-Prabumulih Toll Road Project, Rukan Sedayu Indocity, Semarang-Demak Toll Road Project, Prabumulih-Muara Enim Toll Road Project, Addendum Cibitung-Cilincing Toll Road Project Section 1, Krian-Legundi-Bunder-Manyar (KLBM) toll road project section 2, and other projects.

Anton YT Nugroho, Finance Director of PT Waskita Beton Precast Tbk, said that WSBP will try to maintain a positive performance. The company will continue to increase sales of products and services in accordance with external market needs. "Of course we want the portion of the value of external contracts to increase," he said.