ACST Records Rp 1.65 Trillion Worth of New Contract
PT Acset Indonusa Tbk (ACST) only earned Rp 1.65 trillion worth of new contracts up until September 2019. ACST Corporate Secretary Maria Cesilia Hapsari mentioned that the company would try to get more projects and sorted it according to the company’s capability even though the target of the company’s new contract value remained Rp 15 trillion until the end of the year.
The sub-holding of Astra still suffered from Rp 404.57 billion of losses, caused by the decrease in revenue, which dropped to Rp 1.55 trillion or down seven percent year-on-year. ACST’s financial damage, however, was the result of the contractor's pre-financing delay.