Indonesian Political, Business & Finance News

WSBP Records Business Revenue of Rp395.10 Billion in the First Quarter of 2026

| Source: ANTARA_ID Translated from Indonesian | Business
WSBP Records Business Revenue of Rp395.10 Billion in the First Quarter of 2026
Image: ANTARA_ID

Jakarta (ANTARA) — PT Waskita Beton Precast Tbk (stock code: WSBP) recorded business revenue of Rp395.10 billion. This achievement was supported by contributions from the company’s three main business lines: the precast concrete segment, the ready-mix concrete and quarry segment, and construction services, which drive the company’s operations.

The largest contribution to business revenue came from the precast concrete segment at Rp142.86 billion or 36.16%, the ready-mix concrete and quarry segment at Rp96.77 billion or 24.49%, and the construction services segment at Rp155.46 billion or 39.35%. In line with this performance, WSBP also booked gross profit of Rp49.39 billion.

“WSBP continues to maintain optimal operational performance through consistent implementation of efficiencies across all business lines,” said Fandy Dewanto, Head of the Corporate Secretary Division at WSBP.

The company’s business revenue was generated from contributions to various strategic projects in Indonesia, including the Construction of the Health Department Lecture Building at Madura State Polytechnic for the 2025 Academic Year, the Palembang-Betung Toll Road Project Sections 1 and 2, the Marunda Expansion Phase 3 Project, and the Probolinggo-Banyuwangi Toll Road Development Project Package 3.

In addition, the company continues to implement various cost efficiency measures to strengthen financial performance. WSBP successfully reduced sales expenses by Rp23.44 billion or 20.99% year-on-year. The company also recorded a decrease in general and administrative expenses of Rp82.73 billion or 22.34% year-on-year.

Furthermore, he added, “With the ongoing project portfolio and optimisation of owned assets, WSBP is committed to maintaining productivity and providing added value to national infrastructure development.”

Looking ahead, WSBP will continue to focus on increasing productivity, optimising production assets, and executing projects on time and with quality. The company also consistently applies the principles of Good Corporate Governance (GCG) and measured risk management as part of its commitment to business sustainability.

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