Jul 25, 2011

UNTR 1H equipment sales up 58.60%

PT United Tractors Tbk (UNTR) today reported a 58.60% increase in sales volume of Komatsu heavy equipment in the first half of this year. 
The company booked 4,333 units of sales volume in 1H 2011 from 2,732 units in 1H 2010, said an official statement published today.
Coal output which was made by PT Pamapersada Nusantara, Indonesia's largest coal mining contractor that is wholly owned by UNTR as well, reached 39.9 million tons, a 5.84% increase from 37.7 million tons.
Overburden removal rose 15.95% to 364.9 million bank cubic meter from 314.7 million bcm. Coal production, contributed its coal mining units dubbed PT Prima Multi Mineral and PT Tuah Turangga Agung, jumped 71.88% to 2.20 million tons from 1.28 million tons.

Disclosure: No position at the stock mentioned above.

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