United Tractors' Quarterly Profit Surges 11-Fold, Signaling Recovery
PT United Tractors Tbk (UNTR), a major heavy equipment and mining company in Indonesia, reported a significant performance recovery in the third quarter of 2026, with net profit surging approximately 11-fold to IDR 3.5 trillion from the previous quarter. This recovery was primarily driven by reduced non-recurring expenses and increased gold sales following the restart of the Martabe mine.
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