Bukaka, Aerobridge Producer Owned By Jusuf Kalla's Family Is Optimistic To Raise Rp 4.7 Trillion Revenue In 2021

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Bukaka Teknik Utama Tbk (BUKK) targets this year's performance to be better than the previous year's realization. The company owned by the Jusuf Kalla family is optimistic that it can record revenue of Rp4.7 trillion in 2021, or higher than last year's revenue of Rp3.91 trillion.

"If the revenue target we are targeting is achieved, it is estimated that BUKK will book a profit of Rp629.46 billion this year, or grow from the previous year's profit of Rp.493.17 billion," said the Director and Corporate Secretary of PT Bukaka Teknik Utama Tbk (BUKK ) Teguh Wicaksana Sari, in his public presentation published on the Indonesia Stock Exchange (BEI) website, quoted by VOI, Thursday, May 27.

He explained that the company's revenue contribution this year was still dominated by conventional business units. Then followed by other business lines such as the construction of hydroelectric power (PLTA) and others.

"We estimate that this year, revenue from conventional business units will be Rp3 trillion with a profit of around Rp287 billion, followed by the hydropower line contributing around Rp1.7 trillion with a profit of Rp340 billion," he explained.

On the same occasion the Director of Bukaka, Afifuddin Suhaeli Kalla, added that at the Annual General Meeting of Shareholders (AGMS) this time, shareholders agreed to retain BUKK's net profit for the financial year December 31, 2021, to increase capital for business development.

"Most of it is for business development and we book the rest for reserve funds," he said.

Rp303 billion contract from India

Previously, PT Bukaka Teknik Utama (BUKK) obtained a contract worth Rp303 billion for the procurement of 36 glass aerobridge units including installation and maintenance from the Airports Authority of India (AAI). The contract has a duration of 365 days starting from the signing of the contract.

Under this contract, BUKK will send aerobics to seven airports in India, namely Dehradun, Patna, Chennai, Trichy, Port Blair, Jabalpur, and Surat.

"This is the fifth cooperation contract between us and AAI since 2001," said the Director of Operations for Bukaka, Saptiastuti Hapsari.

Aerobridge producers such as Tyssenkruoo from Germany, Adelte from Spain, and several other manufacturers became BUKK's competitors in India. However, BUKK is still able to dominate the aerobridge market with a total of 148 units of aerobics installed at various airports in India.

Saptiastuti added, according to the agreement, BUKK has the opportunity to get an additional 50 percent or as much as 18 units so that the total will be 54 units after BUKK sends the first batch which is planned to be carried out within five months after signing the contract.

After all 36 units have been shipped, AAI will offer an additional 36 units so that the final total will be 90 units.

"With our experience and production capabilities, we are optimistic that we can complete our work on time with good quality," said Saptiastuti.