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UNTR – Coal Price Hike Pushes Demand for Heavy Equipment

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Cindy Alicia
Cindy Alicia
Analyst - Consumer, Healthcare
Cindy Alicia
Latest posts by Cindy Alicia (see all)
  • Company Report | [JPFA] Impacted by Weaker Poultry Prices in 4Q23 - March 19, 2024
  • Company Report | [SIDO IJ] Strong Performance in 4Q23 - February 27, 2024
  • Company Report | [MAPI IJ] Stable Performance in Almost All Segments - January 11, 2024

UNTR booked FY21 income of IDR79,46 trillion, up 31.67% YoY. The construction machinery segment booked record high growth of 70.02% compared to 2020. The increase in heavy machinery uses boosted Komatsu sales volume throughout FY2021 by 97.44%. Meanwhile, the net profit of FY21 recorded at IDR10.28 trillion or up 71.24% from the same period last year.

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