JAKARTA. Heavy equipment distributor United Tractors Tbk ( UT ) reported a significant year-on-year ( yoy ) decline in heavy equipment sales in the first four months of the year, as the construction sector took over the mining sector’s domination in terms of sales contribution. The subsidiary of conglomerate Astra International Tbk sold 689 units of Komatsu heavy equipment from January to April 2016, a 28.7 percent plunge compared with the 966 units marketed in the same period last year. UT spokesperson Ari Setiyawan said the company had won 35 percent of the market share in the heavy equipment industry. During April the company booked 190 units, with 52 percent coming from the construction sector--which has been thriving due to the government's efforts to boost infrastructure projects.
United Tractors sees lower Komatsu sales
JAKARTA. Heavy equipment distributor United Tractors Tbk ( UT ) reported a significant year-on-year ( yoy ) decline in heavy equipment sales in the first four months of the year, as the construction sector took over the mining sector’s domination in terms of sales contribution. The subsidiary of conglomerate Astra International Tbk sold 689 units of Komatsu heavy equipment from January to April 2016, a 28.7 percent plunge compared with the 966 units marketed in the same period last year. UT spokesperson Ari Setiyawan said the company had won 35 percent of the market share in the heavy equipment industry. During April the company booked 190 units, with 52 percent coming from the construction sector--which has been thriving due to the government's efforts to boost infrastructure projects.