PT United Tractors, Indonesia's biggest seller of heavy equipment, said sales of Komatsu Ltd.
excavators and other machineries in Indonesia may grow by 10 percent to 15 percent next year, it said in a filing to the Jakarta bourse.
Its mining contracting unit may increase coal output by as much as 15 percent next year, United Tractors said in a material for a Dec. 2 presentation accesible through the exchange today.
excavators and other machineries in Indonesia may grow by 10 percent to 15 percent next year, it said in a filing to the Jakarta bourse.
Its mining contracting unit may increase coal output by as much as 15 percent next year, United Tractors said in a material for a Dec. 2 presentation accesible through the exchange today.
United Tractors eyes on bank syndicated loans to meet the US$430 million capital expenditure in a bid to support the 10-15 percent growth next year.
The company allocates US$30 million capital expenditure for Komatsu heavy equipment sales unit. Funding resource relies on internal cash. Up to quarter III/2009, the company has IDR2.38 trillion cash.
But the company also budgeted US$400 million expenditure for coal mining contractor unit which was mostly spent at heavy equipment maintenances.
But the company also budgeted US$400 million expenditure for coal mining contractor unit which was mostly spent at heavy equipment maintenances.
1 comment:
Dump trucks are probably the most valuable of all the heavy equipment on a road construction job site. Not only do they haul away the old asphalt, extra dirt and debris when tearing down the existing road, they also bring in many of the materials used in road construction.
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