Coal Average Selling Price Increase

UNTR heavy equipment sales in 1H22 grew 111% YoY to 2,873 units, mainly dominated by the mining and construction sectors, which accounted for 61% and 18%, respectively. This boosted consolidated net income to IDR60.4 Trillion (+62% YoY), and net profit to IDR10.4 Trillion (+129% YoY). NHKSI Research sees the increase in consumer companies’ energy commodity production targets mean demand for heavy equipment remain high.

Asset Growth

UNTR heavy equipment sales in 1H22 grew 111% YoY to 2,873 units, mainly dominated by the mining and construction sectors, which accounted for 61% and 18%, respectively.

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