Wijaya Karya Beton releases transcript of 2026 Public Expose Live event
Reuters2026/09/11 12:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Wijaya Karya Beton held its 2026 Public Expose Live on Sept. 9 via Zoom, attended by CEO Kuntjara, three directors, corporate secretary Ignatius Harry Sumartono.
- Management flagged infrastructure as the biggest revenue driver, with stronger margins coming from non-infrastructure segments such as energy or railway.
- CEO cited Q2 net profit margin of 0.07%, blaming weak sales in a contracting construction market while fixed costs stayed around 3%-4%.
- Management targeted a gross profit margin around 6%, citing unit consolidation, lean organisation, impairment recovery, tighter receivables and inventory turnover.
- New contracts reached IDR 2.27 trillion as of July, with a full-year target of IDR 3.8 trillion to IDR 4 trillion; 2027 focus includes Giant Sea Wall.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Wijaya Karya Beton Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32148087) on September 11, 2026, and is solely responsible for the information contained therein.
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