United Tractors Reports 24% Drop in Net Profit to IDR 14.8 Trillion in 2025
PT United Tractors Tbk. (UNTR) reported a 24% decrease in net profit to IDR 14.8 trillion in 2025, attributed to reduced contributions from mining contractor and thermal coal segments due to high rainfall and lower coal prices, partially offset by higher gold prices. Consolidated net revenue fell 2% to IDR 131.3 trillion, with mining contractors contributing IDR 54.1 trillion, down 7%. Gold segment revenue rose 41% to IDR 14.0 trillion. Heavy equipment sales were largely driven by mining (60%), agriculture (14%), construction (15%), and forestry (11%).
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PT United Tractors Tbk. (UNTR) experienced a 24% decline in net profit to IDR 14.8 trillion in 2025, primarily due to lower contributions from mining contractors and thermal coal, hindered by heavy rainfall and reduced coal prices, despite a rise in gold prices.
Consolidated net revenue decreased by 2% to IDR 131.3 trillion, with the mining contractor segment contributing IDR 54.1 trillion (down 7%). The construction machinery segment reported IDR 36.6 trillion (down 2%), while the thermal coal segment reached IDR 24.2 trillion (down 7%).
The gold and other minerals segment rose 41% to IDR 14.0 trillion. Heavy equipment sales were dominated by the mining sector at 60%. PT Agincourt Resources and PT Sumbawa Jutaraya recorded a total gold sales equivalent of 227,000 ounces, a 2% decline from 2024. Nickel sales reached 2.1 million wet metric tons, affected by asset impairment in 2024.
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