WIKA’s Operating Income Become IDR 345 Billion per 3rd Quarter 2009
PT Wijaya Karya (WIKA) Tbk has reached operating income from IDR 138, 21 billion at 3rd quarter 2008 become IDR 345 billion at 3 rd quarter 2009. It reflects the success of WIKA’s strategies in order to operating income margin can increase significantly. The result give WIKA’s net income growth become IDR 132,62 billion at 3rd quarter 2009 or increasing 56 % compared with same period in 2008 in amount of IDR 84,91 billion. From the result of income performance has made WIKA’s net income per share increase from IDR 14,52 per share at 3 rd quarter 2008 become IDR 23,3 per share at 3 rd quarter 2009.
“The result is good achievement, because gross profit obtaining is better, it shows that company’s competency become be better, and of course, giving trust that implemented strategies are consistence and supported by effective synergy with its subsidiaries, “ said President Director of WIKA Bintang Perbowo.
WIKA is success to increase gross profit about 87,90 % or IDR 463,78 billion at 3rd quarter 2009 compared by same period at previous year in amount of IDR 246,83 billion. The WIKA’s gross profit is also supported by better gross profit performance of subsidiaries. On September 2009, WIKA’s subsidiaries have given contribution 42, 95 % or increase IDR 199, 18 billion. Gross profit growth of subsidiaries was obtained from WIKA BETON in amount of IDR 96, 38 billion.
Until 3rd quarter 2009, WIKA is success to achieve 61,22% of revenue target in amount of IDR 4,58 trillion from the target in 2009 in amount of IDR 7,48 trillion. The main contribution of revenue was obtained from main holding’s revenue in amount of ISR 2, 59 trillion.
“We are optimistic to reach income target in 2009, because the revenue of construction and Infrastructure Company will increase at the last quarter suitable with announcement of government tender result and infrastructure stimulus plan,” said Bintang Perbowo.