JAKARTA. PT Acset Indonusa Tbk (ACST) has obtained new contracts of IDR 1.6 trillion throughout January-June or throughout the first half of 2023.

ACST’s new contracts in H1 2023 were recorded increasing 69% year-on-year (yoy) or compared to the same semester last year. For the record, the new contracts of ACST in H1 2022 were recorded at IDR 516.4 billion.

“The company’s performance throughout the first half of 2023 tend to improve compared to the same period last year,” said Kadek Ratih Paramita Absari, Corporate Secretary of ACST.

Meanwhile, in terms of operational performance, ACST has scored revenue of IDR 360.35 billion at the end of the first quarter of 2023. Its revenue in this period soared 24.21% yoy.

Most of ACST’s revenue in Q1 2023 came from the construction service business, which contributed IDR 133.5 billion. Meanwhile, the income from the construction supporting services only brought in IDR 18.71 billion, followed by the trading business unit of IDR 14.38 billion. (KR/ZH)