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

Surabaya, October 16th,2023

PT Bangun Karya Perkasa Jaya Tbk. (KRYA), a leading company in the field of civil construction, has gained 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. KRYA's extensive expertise in construction, combined with superior capabilities in pre-fabrication and building technology, makes KRYA the ideal partner for producing high-quality MOBOX units. MOBOX is expected to provide added value to the industry by contributing to reducing construction waste, speeding up project schedules, and increasing energy efficiency. Dharmo Budiono - President Director of PT Bangun Karya Perkasa Jaya Tbk., expressed his joy at Adhi Persada Gedung's trust, "We are very proud that Adhi Persada Gedung has chosen us to be a partner in the MOBOX project. Together, we are committed to presenting a construction solution that is sustainable and innovative." MOBOX is a very flexible construction solution and can be adapted to various types of projects, from residential to commercial and industrial projects. This is in line with the joint vision of KRYA and ADHI Persada Gedung to improve the quality and efficiency of construction in Indonesia. Both companies are very optimistic that this collaboration will help meet the market's increasing need for efficient and environmentally responsible construction solutions.

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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.

About Adhi Persada Gedung:

Adhi Persada Gedung is a subsidiary of PT Adhi Karya (Persero) Tbk, which specializes in the construction and property development sectors. Founded on December 10th, 2013, Adhi Persada Gedung operates in the construction services sector, especially high-rise building construction. This company was developed to answer the challenges in the growth of the construction services business industry, especially high-rise buildings, which are experiencing rapid growth. Along with the growth of high-rise building investment by both state-owned companies and the private sector, Adhi Persada Gedung is optimistic and confident in working hard to always realize the actualization of ideas as a competency development.

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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

Octagonal Plaza 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

Surabaya, September 22, 2023

PT Bangun Karya Perkasa Jaya Tbk. (KRYA), in this case represented by its President Director, Mr. Dharmo Budiono, signed a new contract for work on the construction of the Line 3 and Line 4 Granite Factory belonging to PT Surya Multi Cemerlang (Titanium and Platinum Group) worth IDR 99.65 billion. Dharmo - said that this contract achievement confirmed that KRYA had succeeded in exceeding the 2023 RKAP target of 105.82% with a total contract value of IDR 257.56 billion.Continuing with this, Dharmo explained that KRYA will continue to grow and will continue to get other big projects to welcome 2024 because the challenge ahead is a political year, in this case the year 2024 will election celebration.KRYA remains optimistic in the future to become the leading and healthiest construction company.

Project Table:

CONSTRUCTION PROJECTS ARE HANDLED BY KRYA

YEAR 2023

*** 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