Other expenses impacting UNTR’s performance included employee costs of Rp 12.8 trillion, depreciation and amortization of Rp 11.2 trillion, and subcontractor costs of Rp 10.5 trillion. The increase in these expenses contributed to the decline in the company’s net profit.

On the asset side, UNTR reported an increase to Rp 169.4 trillion in 2024, up from Rp 153.7 trillion the previous year. This growth in assets reflects the company’s expansion and investment efforts, although these have not yet fully translated into higher net profits.

Analysts predict that UNTR’s future performance will be influenced by fluctuations in commodity prices, particularly coal, as well as the company’s operational efficiency. Despite the decline in profit, UNTR remains one of the largest players in the mining and construction sectors, with significant growth prospects still ahead.(Uki Ruknuddin)

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