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20260826_WEGE_Laporan Informasi dan Fakta Material_32132615_lamp2.pdf
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PRESS RELEASE WEGE Secures New Contracts Worth IDR 775 Billion as of August, Surging Significantly by 568% Year on Year Jakarta, August 26, 2026 – PT Wijaya Karya Bangunan Gedung Tbk (WEGE) has once again recorded an increase in new contract acquisitions as of August 2026 by 568% or valued at IDR 775 billion, rising significantly from the previous year's figure of IDR 116 billion. The project owner composition of the Company's new contracts is predominantly supported by the government at 83%, followed by State-Owned Enterprises (SOEs) at 17%. In terms of project typology, the public facilities segment was the main contributor at 63%, while the remaining 37% originated from residential development. The projects acquired by the Company include Aceh Tamiang Temporary Housing (Huntara), Aceh ASN Housing, Post-Emergency Reconstruction North Sumatra, Post-Emergency Reconstruction West Sumatra, BRT Sumut (Mebidang), Sekolah Garuda Kaltara (JO), Office Keet SR Aceh, RSUD Rupit (JO), Modular Internal Huntara Aceh, RDBI Sumut, Huntara Tegal, Lokop Aceh Health Center Housing, Huntara Tamiang 4 Danantara, Temanggung Polyclinic Construction, and Regional Hospital in South Kalimantan. Financial Discipline and Reduction of Interest Expense Key to Company Sustainability The Company's Debt to Equity Ratio (DER) as of June 2026 stood at 0.98x, indicating that the Company maintains a very safe financial position in terms of debt, with an interest-bearing debt ratio of only 0.07x. Furthermore, the Company holds no bond liabilities or sukuk. This enables the Company to maximize operational leverage flexibly without being burdened by high financing costs (cost of funds). The low portion of interest-bearing debt directly minimizes the impact of macro interest rate fluctuations while providing ample liquidity headroom for the Company to fund working capital and efficiently capture strategic project opportunities. *Note: This document is an English translation of the original press release issued in Indonesian. In the event of any discrepancies or inconsistencies between the English translation and the original Indonesian text, the Indonesian version shall prevail.
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Asset Portfolio Optimization as Part of Corporate Transformation In line with industry dynamics and revenue pressures faced by the Company in recent periods, the Company is undertaking a series of transformation steps to strengthen its liquidity and financial structure. One key initiative is asset portfolio optimization, including planned divestments of several assets estimated to be optimized at over IDR 1 trillion, which include Favehotel Karawang, Menara MTH 10th and 15th floors, de Braga Bandung, Graha Mantap, as well as several land parcels owned by the Company in Lombok, Samarinda, and other locations. This step aims to enhance the effectiveness of asset utilization while reinforcing the Company's focus on its core construction business, thereby ensuring a healthier, more adaptive, and sustainable business structure for the Company. *Note: This document is an English translation of the original press release issued in Indonesian. In the event of any discrepancies or inconsistencies between the English translation and the original Indonesian text, the Indonesian version shall prevail.
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