PT Adhi Karya (Persero) Tbk (ADHI)  said that it bagged Rp 1.1 trillion (excluding taxes) of new contracts in January this year, an increase of 175% compared to the same month in the previous year of Rp.400 billion.

According to an official statement on Wednesday (17/2), the contribution per business line to the acquisition of new contracts in January 2021 includes construction & energy business lines amounting to 93%, property at 6%, and the rest is other business lines.

Meanwhile, in the type of work, the acquisition of new contracts consisted of building projects by 63% and other infrastructure projects such as building dams, airports, and EPC projects by 37%.

Based on the ownership segmentation, the realization of new contracts from the government was 77%, SOEs 6%, and the private sector was 18%.

The 2020 contracts transferred this year reached Rp34.9 trillion (excluding taxes) so that the total order book value with January 2021 is Rp36 trillion (excluding taxes).