Debt restructuring completed, WSKT outlines strategy moving forward
17 Feb 2025 16:20
After restructuring trillions of debt, WSKT prepares financial soundness strategies. What are they?
Prioritising core business, here's Waskita Karya's next year's strategy
26 Nov 2024 16:22
PT Waskita Karya (Persero) Tbk (WSKT), a state-owned construction company, has decided to refocus its business strategy on its core operations: construction services, particularly in building, dam and irrigation projects, as well as roads and bridges.
New contracts at 47% of target, Waskita still confident of reaching 100% in remaining two months
26 Nov 2024 13:40
PT Waskita Karya (Persero) Tbk (WSKT) recorded new contract values (NKB) of only IDR 6.8 trillion by the end of October 2024 (10M), still far from its annual target of IDR 14.5 trillion.
Waskita Beton Precast to convert debt to boost equity
14 Nov 2024 08:21
PT Waskita Beton Precast Tbk (WSBP), a precast concrete manufacturer under PT Waskita Karya (Persero) Tbk (WIKA), announces its plan to increase capital without pre-emptive rights, or private placement, of 178.54 million shares.
Waskita Toll Road to raise portion in subsidiaries through debt conversion
12 Nov 2024 07:11
PT Waskita Toll Road (WTR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), has increased its portion in PT Kresna Kusuma Dyandra Marga (KKDM).
WSBP losses swell 25.6% to IDR 640.6 billion in 9M 2024
22 Oct 2024 12:22
PT Waskita Beton Precast Tbk (WSBP) posted a loss of IDR 640.6 billion in the first nine months (9M) of 2024, 25.6% higher year-on-year (yoy) or compared to the same period last year.
Weak financial profile, Pefindo confirms Waskita Karya's default status
16 Oct 2024 09:36
The Indonesian Securities Rating Agency (Pefindo) has confirmed the "idSD" or Selective Default rating for PT Waskita Karya (Persero) Tbk (WSKT), following the company's financial profile which has not improved.
Pefindo gives two positive signals for these 2 issuers
23 Sep 2024 13:46
Pemeringkat Efek Indonesia (Pefindo) has assigned an “idA” rating to General Obligations (GO) of PT Cimanggis Cibitung Tollways (CCT) and PT Buana Finance Tbk (BBLD).
Waskita Toll Road lend IDR 270 billion for Cimanggis-Cibitung Toll Road
13 Sep 2024 09:39
PT Waskita Toll Road (WTR), a subsidiary of PT Waskita Karya (Persero) Tbk (WSKT), has channelled a loan facility worth IDR 270 billion to PT Cimanggis Cibitung Tollways (CCT).
Waskita Karya allocates IDR 5 billion for power plant business
31 Jul 2024 09:48
PT Waskita Karya (Persero) Tbk (WSKT) has allocated a loan facility to PT Waskita Karya Infrastruktur (WKI), a subsidiary engaged in the power plant business.