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View all search resultsState-owned construction company PT Wijaya Karya (Wika) has seen its revenue and net profit nosedive during the first nine months of the year as new contracts plunged amid the pandemic-induced economic crisis.
The firm recorded Rp 2.82 trillion (US$201.4 million) in new contracts from January to April, a steep 73.1 percent drop from the Rp 10.5 trillion in new contracts it secured in the same period last year, Kontan.co.id reported.
From trash-clearing and fixing damaged roads to preventive technical measures, the Jakarta-Bandung high-speed railway project is intensifying efforts to deal with extreme weather that has caused landslides and floods, especially across Java.
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