WIKA and its subsidiaries are committed to keep on growing and evolve through making achievements in the economical performance and providing added values for stakeholders. Throughout 2012, the Company’s economical performance has shown a significant growth compared to the previous period.
This condition is due to our reliability in managing the risks and to our ability in utilizing every opportunity. In general, WIKA has been successful in finishing all the works on time based on the contract as agreed with the client. Only some construction works had to be delayed due to the climate change; thus, some financial loss occurred although it had been able managed so that it didn’t affect the Company’s financial performance.
On the other hand, the Company’s growth has resulted for WIKA’s increasing contribution toward the state compared to the previous years; whether in terms of dividend payment to the government as the main shareholder or through tax payment and non-tax state income (PNBP).
Likewise, the expenses for the community by allocating some of the Company’s profit to be used for the Partnership and Environment Management Program (PKBL) and for the Corporate Social Responsibility (CSR) program. At the end, the fund’s availability to implement the PKBL has provided an “indirect” benefit that the society can experience through the establishment of WIKA and its subsidiaries.