Overview
PT Waskita Beton Precast Tbk is a prominent enterprise in Indonesia's precast and ready-mix concrete manufacturing sector. As a subsidiary of PT Waskita Karya (Persero) Tbk, since its inception on October 7, 2014, the company has focused on producing top-quality precast concrete products and offering construction services, significantly contributing to national infrastructure development.
Business Segments and Operations
PT Waskita Beton Precast operates in the Basic Materials sector under the Building Materials industry. Its operations cover the production and commercialization of diverse products such as box culverts, PC-I girders, spun piles, square piles, and more. The company also extends its services to include engineering, installation, and post-tensioning services, channeling its efforts through three main business lines: Precast Concrete, Readymix Concrete, and Construction Services.
Key Projects and Initiatives
The company has been pivotal in significant infrastructure projects like LRT Palembang and Fly Over Adam Malik, along with numerous motorway projects. This involvement underscores its leadership in the sector, with a strong commitment to innovation and high standards, enhancing national connectivity and infrastructure improvements.
Financial and Market Data
Publicly traded with the ticker WSBP.JK on the Jakarta Stock Exchange, the company has a market capitalization of approximately IDR 991.53 billion and employs about 838 full-time employees. Recent market performance indicators reflect a stock price at IDR 17 with noted fluctuations, including a 5-day change of -5.56% and a year-opening change of -66.00%, highlighting the competitive challenges within the sector.
Leadership and Governance
The executive leadership is spearheaded by FX Poerbayu Ratsunu, the President Director, guiding the company to bolster its status as a trusted partner in the integrated concrete industry. Key personnel also include Itung Prasaja, Director of Operations, and Fathul Anwar, Director of Finance, Risk Management & Legal. Additionally, influential figures like Rosiva Prima (VP Legal), Heydo Diola Thaib (Business Support Senior Analyst), Lola Frisca (Manager), Ovi P (Management Trainee), and Rikh Briliantino Arbi (VP Information Technology) play critical roles in driving the company's strategic direction and operational management.
Strategic Vision
PT Waskita Beton Precast Tbk aims to establish itself as the preferred partner in integrated concrete solutions, focusing on sustainable growth and superior service delivery. Their strategic objectives emphasize enhancing production capabilities and expanding market presence both domestically and internationally.
Major Competitors
Facing substantial competition in the construction materials industry, notable competitors include:
- Bukaka
- Shree Cement
- L&W Supply
- Magicrete
These competitors offer varied regional focuses and alternative materials, challenging Waskita's market share.
Industry Challenges and Opportunities
The cement and concrete manufacturing industry experiences shifts due to economic factors affecting construction demand. Operating in this dynamic environment presents PT Waskita Beton Precast Tbk with growth prospects as Indonesia continues its infrastructure expansion. The company actively benchmarks against its peers, adapting strategically in pricing, production efficiency, and innovation to fortify its market stance.
Contact Information
- Head Office Address: Gedung Vasaka, Jl. MT Haryono Kav, No.10A, Cawang, Jakarta Timur 13340
- Phone: (+62 21) 22892999
- Email: info@waskitaprecast.co.id
- Website: [waskitaprecast.co.id](https://waskitaprecast.co.id/)
PT Waskita Beton Precast Tbk remains committed to leveraging its extensive industry knowledge and capabilities to drive growth and set quality benchmarks in the construction materials sector.
