PT United Tractors (UNTR) Q2 2026 earnings summary

Executive summary

• Net revenue for the six months ended 30 June 2026 was Rp 58.29 trillion, down from Rp 68.53 trillion in the same period of 2025, reflecting lower sales in several segments.

• Profit for the period attributable to owners was Rp 742.2 billion, a significant decrease from Rp 8.13 trillion in the prior year period.

• Total assets increased to Rp 179.06 trillion as of 30 June 2026, compared to Rp 177.64 trillion at year-end 2025.

Financial highlights

• Gross profit for H1 2026 was Rp 10.51 trillion, down from Rp 15.01 trillion year-over-year.

• Operating expenses increased, with selling expenses at Rp 858.4 billion and general/admin expenses at Rp 3.92 trillion.

• Net cash from operating activities dropped to Rp 2.75 trillion from Rp 11.36 trillion year-over-year.

• Basic earnings per share for H1 2026 was Rp 271, compared to Rp 2,239 in H1 2025.

Outlook and guidance

• Management continues to monitor market volatility and regulatory changes, focusing on operational efficiency and risk mitigation.

• Capital expenditures for H1 2026 reached Rp 3.95 trillion, with ongoing investments in mining and heavy equipment.