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Newly listed construction company PT Duta Graha Indah expects
to book Rp 75 billion (around US$7.9 million) in net profit this year
and hopes to win projects worth Rp 3.5 trillion next year, mostly
government-funded construction projects in the regions.
Duta Graha said Monday it was expanding its operations to Papua, North
Sumatra and Aceh, as well as remote regencies, in order to achieve the
target.
"We are still working on a great number of infrastructure projects,
such as airports, roads, bridges and government buildings in East
Kalimantan, North Maluku and South Sulawesi.
"We are focusing on projects in the regions because, under local
autonomy, the regions will become centers of growth in the coming
decades," said Duta Graha president J.B. Koesnarno.
Corporate secretary Djohan Halim said the company had good prospects in
the coming years and would improve its credibility with the public due
to its good performance this year.
"Our net profit this year will reach Rp 75 billion, an increase of four
percent from the targeted Rp 72 billion, or 25 percent more than the Rp
60 billion that was estimated by the research conducted by stock market
analysts," he said.
He said the company was working on a number of infrastructure projects
in West Sumatra, Riau Islands, Halmahera and Central Java this December
that would be carried over into 2008.
Koesnarno was optimistic about the prospects of the company in the
years to come.
"We will continue to focus on government projects in the regions as not
only are these more profitable, it is also in line with our commitment
to helping speed up regional development so as to improve people's
well-being," he said.
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