News

PT Bangun Karya Perkasa Jaya Tbk. [IDX: KRYA] begins 2025 by accelerating new construction projects.

This was marked by the groundbreaking of the Depo Tomo warehousing project, owned by PT Niagatama Kencana, a subsidiary of the Wings Group.  This warehousing project with a contract value of IDR 23.87 billion is located on Jl. Ali Sadikin, Tomo District, Sumedang Regency, West Java. The groundbreaking was held on Friday, January 3 2025, and this project is scheduled to be completed within 8 months.  Dharmo Budiono, President Director of PT Bangun Karya Perkasa Jaya Tbk., said “Wings Group is one of our loyal clients who has trusted us to handle various factory and warehouse construction projects. We are committed to providing the best results for this project," said Dharmo.  Not only that, after the completion of the Tomo Depo project, the management of PT Bangun Karya Perkasa Jaya Tbk is also committed to providing maintenance services for 60 days after project handover.

Meanwhile, Gary Kurniawan, Director of PT Niagatama Kencana, expressed his hope that the construction of the Tomo Depot can run smoothly according to schedule.  "We hope that the presence of Depo Tomo can support Wings Group's operations in the Sumedang and West Java areas more optimally," he said. For additional information, PT Bangun Karya Perkasa Jaya Tbk. continues to gain the trust of Wings Group. In 2023, KRYA successfully completed the nondairy creamer and milk powder factory construction project worth IDR 14.19 billion for the Wings Group. Furthermore, in 2024, KRYA also carry out the construction of seven raw material warehouses belonging to PT Karunia Alam Segar, which is a subsidiary of the Wings Group.

About PT Bangun Karya Perkasa Jaya Tbk.:

PT Bangun Karya Perkasa Jaya Tbk. has the stock ticker code KRYA, is a leading national construction company that specializes in steel fabrication and general contracting. Founded by Mr. Dharmo Budiono, S.T. and Mrs. Brigitta Notoatmodjo, S.T. M.Ak.  on January 7 2007. In 2015, PT Bangun Karya Perka Jaya Tbk. successfully achieved ISO 9001:2015 on quality management and ISO 14001:2015 on environmental impact management. ISO 45001:2018 on occupational health and safety management. And in 2022, successfully achieved ISO 37001:2018 Anti-Bribery Management System (SMAP). KRYA's focus is on infrastructure projects (jetty, roads, bridges and water structures) and industrial buildings such as factories and warehouses.

For further information, please contact:

Dharmo Budiono S.T.  - 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 8 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

PT Bangun Karya Perkasa Jaya Tbk (KRYA) received an official visit from Bank Rakyat Indonesia (BRI) Regional Surabaya which took place on Monday 29/7/2024. This visit is a strategic step in exploring funding potential and providing space for the Company to develop further. During the meeting, the KRYA Board of Directors and Mr. Dupa Nusantara - Regional SME Banking Head & Team from Bank BRI discussed various financial collaboration opportunities expected to positively impact both parties.

It is hoped that this potential funding from BRI will be able to increase KRYA's liquidity, support business, and optimize ongoing construction projects. President Director of PT Bangun Karya Perkasa Jaya Tbk, Mr. Dharmo Budiono, stated, "We are very enthusiastic about the visit from Bank BRI today. This collaboration opens up great opportunities to increase financial stability and strengthen our position in the construction industry. With potential funding support from BRI, we are confident that KRYA's profit projections will be more predictable and focused."

Surabaya, October 30th,2023

PT Bangun Karya Perkasa Jaya Tbk (KRYA), is starting to get back on track and recorded positive performance in the third quarter of 2023. Dharmo Budiono - President Director of PT Bangun Karya Perkasa Jaya Tbk said, "All company performance indicators in the third quarter of 2023 have returned to the right track, after previously experiencing pressure in the second quarter of 2023". Dharmo Budiono is also optimistic and projects that KRYA's performance, especially in terms of revenue, will reach its peak in the first quarter of 2024.

Balance Sheet

KRYA's assets in the third quarter of 2023 were recorded at IDR 164.03 billion, growing 5.8% from the same period the previous year.
Meanwhile, KRYA's total liabilities in the third quarter of 2023 amounted to IDR 60.24 billion, an increase of 7.5% from the same period the previous year.
Meanwhile, KRYA's total equity in the third quarter of 2023 was IDR 103.78 billion, an increase of 4.87% from the same period the previous year.
With this achievement, the DER ratio recorded by KRYA in the third quarter of 2023 is still quite good and stable at around 58.05%

Income Statement

On the top line side, KRYA's revenue was recorded at IDR 88 billion.
Meanwhile, the gross profit recorded by KRYA in the third quarter of 2023 was IDR 14.39 billion. And, on the bottom line, KRYA again recorded a net profit of IDR 1.24 billion. Thus, KRYA again improved its gross profit margin ratio in the third quarter of 2023, to around 16.36%.  KRYA's performance returned to a positive path in the third quarter of 2023, which occurred in line with recorded new contracts until October 2023, amounting to IDR 257.56 billion. The contracts come from PT PLN Indonesia Power, PT Surya Multi Cemerlang, Pelindo Holding and Wings Group. In addition, KRYA is also still working on a carry over project from both BUMN and the private sector in the amount of IDR 38.24 billion. In total, KRYA is handling construction projects up to IDR 295.80 billion, this figure is equivalent to 119.14% of KRYA's RKAP in 2023 which is IDR 248.28 billion.

Collaboration of KRYA and Adhi Persada Gedung

Most recently, PT Bangun Karya Perkasa Jaya Tbk. (KRYA), obtained the trust of Adhi Persada Gedung (APG), a subsidiary of PT Adhi Karya (Persero) Tbk. (ADHI), to produce and fabricate Modular Boxes (MOBOX). In the initial stage, APG has ordered more than 146 MOBOX units from KRYA, with an order value of more than IDR 3 billion. This strategic collaboration, in which KRYA is Adhi Persada Gedung's first choice, illustrates the strong commitment of both companies to provide innovative and sustainable construction solutions to the market. MOBOX, as an efficient and environmentally friendly pre-fabricated construction element, is expected to change the construction paradigm.

About PT Bangun Karya Perkasa Jaya Tbk.:
PT Bangun Karya Perkasa Jaya Tbk. has the stock ticker code KRYA, is a leading national construction company that specializes in steel fabrication and general contracting. Founded by Mr. Dharmo Budiono, ST and Mrs. Brigitta Notoatmodjo, ST on January 7 2007. In 2015, PT Bangun Karya Perka Jaya Tbk. succeeded in achieving ISO 9001:2015 regarding quality management and ISO 14001:2015 regarding environmental impact management and ISO 45001:2018 regarding occupational health and safety management. KRYA's focus is on infrastructure projects (jetty, roads, bridges and water structures) and industrial buildings such as factories and warehouses.

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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 8  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