Adhi Karya (Persero) Tbk PT operates in the Heavy construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Adhi Karya (Persero) Tbk PT with three other
road and highway construction companies in Asia:
Anhui Fuhuang Steel Structure Co Ltd
sales of 4.07 billion Chinese Renmimbi [US$637.24 million]
of which 61%
was Civil engineering business),
(3.83 billion Malaysian Ringgits [US$920.01 million]
of which 26%
was Construction), and
Ircon International Ltd
based in INDIA
(53.92 billion Indian Rupees [US$720.84 million]
of which 94%
During the second
quarter of 2021, sales at Adhi Karya (Persero) Tbk PT totalled
2.33 trillion Indonesian Rupiahs .
This is a drop of 5.5%
from the 2.46 trillion Indonesian Rupiahs in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 4.44 trillion Indonesian Rupiahs , which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Adhi Karya (Persero) Tbk PT: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
28% of sales (during that same year, the
fourth quarter accounted for 22% of sales).
Adhi Karya (Persero) Tbk PT reported sales of 10.83 trillion Indonesian Rupiahs (US$768.77 million)
December of 2020.
decrease of 29.3%
versus 2019, when the company's sales were 15.31 trillion Indonesian Rupiahs .
Contributing to the drop in overall sales was the 75.5% decline
in Railway Infrastructuire, from 3.31 trillion Indonesian Rupiahs to 813.18 billion Indonesian Rupiahs .
There were also decreases in sales in
Construction (down 22.8% to 8.96 trillion Indonesian Rupiahs )
Epc (down 3.5% to 484.18 billion Indonesian Rupiahs )
However, these declines were partially offset by the increase in sales of
Real Estate Property (up 13.2% to 1.64 trillion Indonesian Rupiahs )
Infrastructure Investments (up 34.7% to 1.27 trillion Indonesian Rupiahs )