United Tractors stock: First-half revenue fell to IDR 58.30 trillion

Published on 10/20/2026 at 15:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income reached IDR 956.30 billion. United Tractors stock hit IDR 24,375.00 on October 20, 2026 at 4:13 p.m. WIB, up 8.21 percent.

First-half results and valuation

United Tractors reported first-half revenue of IDR 58.30 trillion on October 8, 2026, down 15.00 percent year over year.
Net income attributable to owners fell 88.20 percent to IDR 956.30 billion in the first half of 2026.
United Tractors stock stood at IDR 24,375.00 on October 20, 2026 at 4:13 p.m. WIB, up 8.21 percent from IDR 22,525.00.
The next earnings date is October 29, 2026.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors reported first-half 2026 net revenue of IDR 58.30 trillion, down 15.00 percent from IDR 68.53 trillion a year earlier, in a filing dated October 8, 2026. The disclosure also showed a sharp decline in earnings and weaker mining-related operating figures. FinancialFilings carried the company response to an inquiry from the Indonesia Stock Exchange.

At IDX, United Tractors stood at IDR 24,375.00 on October 20, 2026 at 4:13 p.m. WIB, up 8.21 percent from the IDR 22,525.00 prior close. The quote was also above the session low of IDR 22,550.00 and matched the session high of IDR 24,375.00.

Profit decline sets the tone

Net income attributable to owners fell 88.20 percent to IDR 956.30 billion in the first half of 2026. Gross profit declined 30.00 percent to IDR 10.51 trillion, while the gross margin narrowed to 18.00 percent from 21.90 percent in the comparable period.

The filing identified several operating pressures. Komatsu heavy-equipment sales fell 27.00 percent to 1,994 units, while gold-equivalent sales dropped 87.00 percent to 15,000 ounces. United Tractors retained a full-year 2026 heavy-equipment sales projection of 4,000 units.

Stock remains below its yearly high

The stock's IDR 20,125.00 to IDR 32,825.00 52-week range places the current price 25.74 percent below the high and 21.12 percent above the low. The stock was down 23.64 percent year to date through October 19, 2026, while trading volume on October 20 reached 4,494,900 shares.

Valuation and next date

United Tractors carried a price-to-earnings ratio of 11.48 and a market capitalization of IDR 85.1 trillion as of October 20, 2026. The next scheduled earnings date is October 29, 2026, according to Yahoo Finance.

Comparison with peers

United Tractors: up 8.21 percent, P/E 11.48, market capitalization IDR 85.1 trillion.

Astra International (IDX, IDR): up 8.96 percent, P/E 6.08, market capitalization IDR 179.6 trillion.

Bukit Asam (IDX, IDR): up 6.27 percent, P/E 7.40, market capitalization IDR 35.1 trillion.

Investors await the next report

The first-half figures put earnings quality, mining volumes and equipment demand at the center of the next reporting checkpoint. The October 29 date will provide the next periodized update on whether the second-half recovery assumptions are translating into stronger operating results.