ADHI - PT. Adhi Karya (Persero) Tbk

Rp 266

+2 (+1,00%)

JAKARTA - PT Adhi Karya (Persero) Tbk (ADHI) scored new contracts of IDR 14.2 trillion until the third quarter (Q3) of 2024. Most of the projects handled by the company were commissioned by the government.

In the press release quoted Friday (25/10), Rozi Sparta, Corporate Secretary of ADHI, said that new contracts were dominated by engineering and construction, followed by property and hospitality, manufacturing, and investment-concession.

In terms of projects, buildings made up 46% of new contracts, followed by water resources of 30%, road & bridges, property, manufacturing, and EPC of 24%.

Based on fund source, government commissioned 54% of these new contracts, followed by state-owned/regional-owned enterprises of 19%, private sector of 18%, and loans of 9%. (LK/ZH)