Sep 12, 2011

Duta Graha gets Rp700 bio new contracts

Construction company PT Duta Graha Tbk (DGIK) has secured Rp700 billion new contracts by end of August. In return, order book has reached Rp2.7 trillion.
Duta Graha Corporate Secretary Djohan Halim said the company has sealed new contract of hotel construction in Cirebon.
"The size is not too significant for us. Total new contracts by end of August reached Rp700 billion," he said as quoted by Bisnis Indonesia today.
Duta Graha estimates that the company project may reach Rp2.2 trillion this year, a 10% increase from Rp2 trillion last year.

Disclosure: No position at the stock mentioned above.

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