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KRYA's New Contract Achievement in 2023, Far Above Its Stock Market Capitalization

PT Bangun Karya Perkasa Jaya Tbk - KRYA noted that projects handled throughout 2023 amounted to IDR 262.73 billion. The total project achievement is equivalent to 105.82% of the RKAP target for obtaining the KRYA project for the whole of 2023 which reached IDR 248.28 billion.

An interesting note regarding the project handled by KRYA in 2023, it turns out to be much larger than the Company's market capitalization on 22 August 2023, which only reached IDR 111.48 billion. In other words, the project that KRYA will achieve in 2023 is 2.3 times larger than the market capitalization of KRYA's shares on the Indonesia Stock Exchange.

Throughout 2023, KRYA recorded a number of sizable new projects including:

Meanwhile, Dharmo Budiono - Main Director of PT Bangun Karya Perkasa Jaya Tbk. said, "I am quite optimistic about the company's performance and contract achievements for the remainder of 2023. And continue to initiate a number of strategic breakthroughs to ensure efficiency in project implementation, while paying attention to quality and service."

Dharmo added that in each of its project completion targets, KRYA always pays attention to and prioritizes the quality and timeliness of work delivery to employers, accompanied by the highest level of occupational safety and health (K3), so as to provide satisfactory results for all parties involved and increase the trust of clients and investors from within and outside the country with a mature strategy and business development.

*** Overview of KRYA ***

 

PT Bangun Karya Perkasa Jaya Tbk. having ticker code KRYA, is a leading national construction company specializing in steel fabrication and general contractors. Founded by Mr. Dharmo Budiono, ST and Mrs. Brigitta Notoatmodjo, ST on January 7, 2007. In 2015, PT Bangun Karya Perka Jaya Tbk. won ISO 9001:2015 on quality management and ISO 14001:2015 on environmental impact management and ISO 45001:2018 on occupational health and safety management. KRYA's focus is on infrastructure projects (roads, bridges and waterworks) and industrial buildings such as factories and warehouses.
For more information, contact:
For further information, please contact:
Dharmo Budiono - President Director of PT Bangun Karya Perkasa Jaya Tbk.

Surabaya Office

Margomulyo Jaya Block H/10-11 Jl. Sentong Asri (Raya Margomulyo), Surabaya

 Plaza Segi Delapan Ruko Block C/851-852 Darmo Permai III, Surabaya

Phone: +62-31-9900 1448

Jakarta Office:

Tower Fontana Floor 31 Units J2 & K2

The Mansion Bougenville Block D.

Jl Trembesi – East Pademangan, North Jakarta 14410

Phone: +62-21-2260 7029

#Always be Creating... Glory... Glory... Glory

 

Editorial Team KRYA