United Tractors heavy equipment sales rise 53.5 percent in 2007
Indonesia’s leading heavy equipment distributor and mining contractor, PT United Tractors, said Tuesday its sales of Komatsu heavy equipment rose 53.5 percent in 2007 from a year before. Sales to the mining sector remained the biggest contributor to the total, but sales to the agriculture sector posted the largest increase.
The company sold 3,454 pieces of heavy equipment in the year, up from 2,250 a year before.
Sales of heavy equipment for mining rose 30.7 percent to 1,315 and sales for agriculture nearly doubled to 1,144 units. Other machines sold in the year were for the construction and forestry sectors.
Meanwhile, the company reported increased coal output from its own mines and from contracted mines. Output at contracted mines rose 27.8 percent to 54.3 million tons while output from its own mines reached 3.56 million tons. It gave no comparativte figure.
United Tractors became directly involved in coal mining following its acquisition of PT Dasa Eka Jasatama in April.
The company reported revenue of 13.2 trillion rupiah for the first nine months of 2007, with the heavy equipment business accounting for 49 percent of income. Mining contracting accounted for 42 percent and coal mining for 9 percent.
Conglomerate PT Astra International owns 58.45 percent of United Tractors.
January 24th, 2008
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