PT Adhi Karya (Persero) Tbk (ADHI) is optimistic that its revenue will grow by around 20% to 25% this year.

Adhi Karya Corporate Secretary Farid Budiyanto said that the optimism for revenue growth is based on the order book that the company has already held.

"The order book in 2020 is Rp49.2 trillion, of which new contracts are IDR 19.7 trillion. The distribution of the Covid-19 vaccine has also been massive so that it can increase operational productivity in the field, "he said in Jakarta on Wednesday (7/4).

In 2020, the state-owned construction company posted revenues of Rp 10.82 trillion or a decrease of 29.28% compared to the same period in the previous year of Rp15.30 trillion.

The profit plunged 96.39% to Rp23.97 billion from the same period 2019 of Rp663.8 billion, along with the fall in revenue.