United Tractors traded at 22,000.00 this Wednesday June 24th, decreasing 500.00 or 2.22 percent since the previous trading session. Looking back, over the last four weeks, United Tractors lost 10.48 percent. Over the last 12 months, its price rose by 4.27 percent. Looking ahead, we forecast United Tractors to be priced at 21,774.80 by the end of this quarter and at 19,283.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT United Tractors Tbk is an Indonesia-based company primarily engaged in the provision of mining contracting. Major business activities of the Company and its subsidiaries are categorized into four segments: Construction machinery, Mining contracting, Coal mining and Construction industry. The Construction machinery segment includes the sale and leasing of heavy equipment, as well as after-sales services. The Mining contracting segment provides mining concession holders with various mining services, including mine design, exploration, extraction, hauling, barging and transporting commodities. The Coal mining segment focuses on the mining and selling of coal. The Construction industry segment provides construction services, such as foundation works, structural works, demolition and infrastructure development. The Company's subsidiaries include PT Pamapersada Nusantara, PT Karya Supra Perkasa, PT United Tractors Pandu Engineering, PT Bina Pertiw and UT Heavy Industry (S) Pte Ltd.