PT United Tractors (UNTR) Q2 2025 earnings summary

Executive summary

• Net revenue for the six months ended 30 June 2025 reached Rp 68.5 trillion, up 6.2% year-over-year, with profit for the period at Rp 8.4 trillion, down 15.4% from the prior year.

• Construction machinery, mining contracting, and coal mining remain the largest contributors to revenue and profit.

• A business combination in June 2025 increased control in a renewable energy subsidiary, aligning with diversification strategy.

Financial highlights

• Net revenue: Rp 68.5 trillion for H1 2025, up from Rp 64.5 trillion in H1 2024.

• Profit for the period: Rp 8.4 trillion, down from Rp 9.9 trillion year-over-year.

• Gross profit: Rp 14.8 trillion, down from Rp 16.9 trillion year-over-year.

• Earnings per share: Rp 2,239, compared to Rp 2,625 in H1 2024.

• Total assets: Rp 175.0 trillion as of 30 June 2025, up from Rp 169.5 trillion at year-end 2024.

• Total equity: Rp 101.3 trillion, up from Rp 98.2 trillion at year-end 2024.

Outlook and guidance

• Management expects transaction price allocated to unsatisfied contracts of Rp 2.6 trillion to be recognized as revenue over the next 1–5 years.

• No explicit forward-looking financial guidance provided; focus remains on diversification and sustainable growth.