Hexindo posts 120% jump in H1 heavy equipment sales
Sales by heavy equipment sales agent PT Hexindo Adiperkasa shot up 120% to 1,100 units in the first half of 2008 from the same period last year, Asia Pulse reported.
Excavators of 10-30 tons contributed 90% of sales with big machines of 120-800 tons accounting for the rest; Investor Daily quoted a company official as saying.
The strong sales were attributable to booming mining and agro sectors, said Heri Akhyar, secretary of the agent for the products of PT Hitachi Machinery Construction Indonesia (HCMI).
Akhyar said Hexindo has succeeded in expanding its share of the excavator market in Indonesia to 30% from 27% last year. Its main rival is PT United Tractors, the agent for Komatsu heavy equipment products which leads with a market share of 46%.
Excavators of 10-30 tons contributed 90% of sales with big machines of 120-800 tons accounting for the rest; Investor Daily quoted a company official as saying.
The strong sales were attributable to booming mining and agro sectors, said Heri Akhyar, secretary of the agent for the products of PT Hitachi Machinery Construction Indonesia (HCMI).
Akhyar said Hexindo has succeeded in expanding its share of the excavator market in Indonesia to 30% from 27% last year. Its main rival is PT United Tractors, the agent for Komatsu heavy equipment products which leads with a market share of 46%.