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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 | 4Q22 Profitability Recorded Higher - March 6, 2023
  • Company Report | Performance Recovery Seen in 4Q22 - February 13, 2023
  • Company Report | Multi-Channel Strategy Improves Company’s Performance in 3Q22 - December 14, 2022

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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