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Demand for Heavy Equipment Surges, United Tractors Hoist Sales Target this Year

www.industri.kontan.co.id

Fri 01 Jul 2022, 09:45 AM

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The increase in the prices of a number of commodities and the improving economy this year have boosted the performance of the heavy equipment industry. No doubt, the demand for heavy equipment will also increase in 2022. As a result, PT United Tractors Tbk ( UNTR ) reaped blessings from this. Now, this subsidiary of PT Astra International ( ASII ) has also chosen to hoist the heavy equipment sales target until the end of the year.

United Tractors management decided to raise the sales target of Komatsu brand heavy equipment from the previous 3,700 units to 4,800 units for 2022. This latest projection has gone through a series of joint reviews between United Tractors as the distributor and the principal as the manufacturer of heavy equipment in order to increase production.

"So, of course everything has been prepared. The sector that has the potential to absorb our heavy equipment is still the mining sector," said United Tractors Corporate Secretary Sara K. Loebis, Friday (1/7). For information, in the first 5 months of 2022, Komatsu's heavy equipment sales reached 2,400 units or shot up 123.04% year on year (yoy). In the January-May 2021 period, sales of Komatsu UNTR heavy equipment were only 1,076 units. On a year to date (ytd) basis, Komatsu's heavy equipment market share in January-May 2022 was recorded at 28%.

Of the total 2,400 units of heavy equipment sold by United Tractors, 62% of them are intended for the mining sector, 11% for the forestry sector, 17% for the construction sector, and 10% for the agribusiness sector. Regarding the challenge of limited raw materials or components for the manufacture of heavy equipment, Sara briefly explained that United Tractors' principal of heavy equipment always tries to have several sources to meet the needs of these components. This is part of the anticipation so that the supply of heavy equipment to United Tractors customers is maintained.

Just so you know, United Tractors sells various types of Komatsu heavy equipment from Japan. These include Backhoe Loaders, Bulldozers, Forwarders, Hydraulic Excavators, Motor Graders, Off Highway Dump Trucks, Wheel Dozers, and Wheel Loaders. United Tractors' distribution network of heavy equipment sales spreads from Sumatra, Java, Kalimantan, Sulawesi, to Papua.

Source: https://industri.kontan.co.id/news/permintaan-alat-berat-menggeliat-united-tractors-kerek-target-penjualan-di-tahun-ini

Image source: www.industri.kontan.co.id

Source Link: https://industri.kontan.co.id/news/permintaan-alat-berat-menggeliat-united-tractors-kerek-target-penjualan-di-tahun-ini

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