Indonesia Investments has updated the company profile of United Tractors, Indonesia's largest heavy equipment distributor. Besides heavy equipment, the company is also engaged in mining contracting and coal mining. As reduced global demand for Indonesian commodities has reduced mining activity in Indonesia, United Tractors reported a fall in net profit of 25 percent (yoy) to IDR 2.3 trillion (USD $203.5 million) in the first six months of 2013. As such, the company is eagerly awaiting a rebound in global demand for Indonesia's commodities.
Update COVID-19 in Indonesia: 4,066,404 confirmed infections, 131,372 deaths (28 August 2021)
15 September 2021 (closed)
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