WTON March 2022

Contact our analyst Revita 22 March 2022 Price Rp 214 Target Price Rp 330 Buy Investment Consideration Higher New contract targetWTON is targeting 2022F new contracts of IDR 7.3 trillion compared toIDR. 5.21 trillion in 2020A. The new contracts target is still dominated byinfrastructure projects. Based on customer profile (% of 2021 revenue),private is 60.45%, […]

WTON November 2022

Contact our analyst Revita 23 November 2022 Price Rp 208 Target Price Rp 330 Buy Investment Consideration 73% of new contract target up to 10M22WTON has booked new contracts as of Oct 2022 worth IDR. 5.41 trillionor 73% of the total target for 2022F. Based on sectors, the new contractsare dominated by infrastructure projects at […]

WTON April 2023

Contact our analyst Revita 11 April 2023 Price Rp 165 Target Price Rp 330 BUY Investment ConsiderationTargetting 23% growth in new contractsWTON booked new contracts in 2022 of IDR. 7.01 trillion which is anincrease of +34% YoY. Based on sectors, the new contracts aredominated by infrastructure projects at 61.46%, followed by property18.35%,Industry 6.59%, Electricity 5.50%, […]