Waskita Karya's Highest Revenue from Ministry of Transportation Projects

18/09/2017 11:00 WIB

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Waskita Karya's Highest Revenue from Ministry of Transportation Projects

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Waskita Karya's Highest Revenue from Ministry of Transportation Projects

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Waskita Karya's Highest Revenue from Ministry of Transportation Projects

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PT Waskita Karya (Persero) Tbk's revenue in the first half of 2017 reached Rp 15.55 trillion. Of this amount, Rp 9.74 trillion (62.6 percent) came from third parties, and the remaining Rp 5.81 trillion (37.3 percent) from related parties.

The largest contributor to the revenue of the company, traded under the code WSKT, from third parties was the Ministry of Transportation, with a value of Rp 1.9 trillion or 12 percent of total revenue. This was followed by BPJT-PT Waskita Bumi Wira at Rp 1.43 trillion. Meanwhile, the largest contributions from related parties were PT Hutama Karya (Persero) with Rp 1.67 trillion and PT Jasamarga Semarang Batang with Rp 1.19 trillion.

According to segment, Waskita's largest revenue source came from construction services, reaching Rp 15 trillion or approximately 97 percent of total revenue.

(Read Databoks: [Failed Toll Road Divestment, Waskita Shares Down 11 Percent](http://databoks.katadata.co.id/datapublish/2017/09/12/gagal-divestasi-jalan-tol-saham-waskita-turun-11-persen))

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."