Wednesday, March 21, 2012

United Tractors sales rebound to 769 units February

United Tractors, Indonesia’s largest heavy equipment distributor which also operates mining contractor and coal mines, reported 769 units Komatsu heavy equipment sales in Feb. This rose 25% from 617 units in Jan when some deliveries were postponed due to bad weather condition. The company also saw a 6% m-o-m increase in coal production from its PMM and TTA mines to 525k tonnes. Meanwhile, its mining contractor units Pamapersada reported 63.5m bcm overburden removal in Feb which rose 5% from 60.6m bcm in Jan. (Company)

source: OSK Indonesia Equity dated 21 March 2012

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