JAKARTA. PT Bangun Karya Perkasa Tbk (KRYA) has obtained a new contract from PT Pelindo Holding valued at IDR 22.64 billion.

This project covers the repair of Gaung Bay Jetty DKC01 & DKC02. The contract was won in a tender conducted by Pelindo Holding.

“KRYA will execute the renovation of the jetty, including repairing the structure, expanding the area, and enhancing facilities,” the management of KRYA mentioned in the official disclosure.

With this project ongoing, the Gaung Bay Jetty DKC01 & DKC02 are expected to be more efficient and gain extra operational capacity. “Therefore, it may support the business and trading expansion in said region,” the management of KRYA added.

According to IDNFinancials data, KRYA is a building construction company listed on Indonesia Stock Exchange (IDX) since July 2022. The company managed to raise IDR 40.63 billion of fresh funds from its initial public offering (IPO).

Until 2.20 PM WIB today (25/7), KRYA’s stock price rose 1 point or 1.23%. However, looking at the past five days, KRYA’s price has been weakened 3 points or shifting 3.53% lower. (KR/ZH)