State-Owned Construction Companies Give an Extra Push to Save Financial Performance

State-Owned Construction Companies Give an Extra Push to Save Financial Performance

State-owned construction firms adjust strategies, divest assets, and optimize operations to maintain performance amid budget constraints.

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Kamis, 6 Maret 2025 | 16:18

Bisnis.com, JAKARTA – The less-than-optimal performance of state-owned construction companies (BUMN Karya), reflected in weaker financial results, a decline in new contract values, and higher debt levels, is expected to limit their expansion prospects.

Unaudited financial reports show that most of these companies experienced a downturn last year. (See infographic)

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