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Press Release

WSBP Performance Achievements in Quarter I / 2020

Jakarta, June 30th, 2020. In the first quarter of 2020, PT Waskita Beton Precast Tbk (WSBP) managed to book an operating income of IDR 753 billion and a net profit of IDR 104 billion. While in terms of the acquisition of new contracts until March 2020, the company achieved a contract value of Rp 577 billion, so the value of the contract managed was Rp 9.49 trillion.

"The new contracts obtained are dominated by external projects amounting to 87% and the rest comes from internal," said Jarot Subana, President Director of PT Waskita Beton Precast Tbk. The projects that were achieved in the first quarter are the Padang-Sic Cincin Toll Road Project, the Road Project. Semarang-Demak Toll Road, Penajam-Balikpapan Toll Road Project, Krian-Legundi-Bunder-Manyar (KLBM) Toll Road Project Addendum, Kediri Airport, Probolinggo-Bayuwangi Toll Road Project, Sultan Hassanudin Airport Apron Project, and others.

"In the future, WSBP will make efforts to achieve the target through cost efficiency, renegotiating agreements with banks related to loans, making innovations for new product development, and strengthening the marketing team," said Jarot.