PT Widiant Jaya Krenindo Tbk
IIDX:WIDI25.00
IDR
+1.00
(+4.17%)
PT Widiant Jaya Krenindo Tbk
IDX:WIDI
(Indonesia Stock Exchange)
Recent
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25.00
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ratio
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div
yld
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ROIC.AI
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- PT Widiant Jaya Krenindo Tbk is an Indonesian heavy equipment rental and engineering support services provider specializing in the leasing of lifting and earthmoving machinery alongside certified operational services for infrastructure, industrial, utility, property, and building construction sectors. The company's core product and service portfolio comprises crane rental solutions, including rough terrain cranes, mobile cranes, and loader cranes; earthmoving equipment, encompassing excavators equipped with standard buckets and hydraulic rock breakers; aerial work platforms, including scissor lifts; specialized project support equipment, including heavy-duty dollys and marine steel plates utilized as ground stabilization mats; certified workforce provisioning, featuring equipment operators holding national Surat Izin Operator (SIO) credentials; and end-to-end operational support, including equipment maintenance, periodic overhauls, and equipment mobilization and demobilization logistics. The company provides its equipment under flexible daily, weekly, and monthly rental terms across major industrial and infrastructure developments throughout Indonesia. Founded in 2016, PT Widiant Jaya Krenindo Tbk is headquartered in West Jakarta, Indonesia. In recent developments, the company completed its initial public offering on the Indonesia Stock Exchange under the ticker symbol WIDI in July 2023, raising gross proceeds of approximately IDR 40 billion primarily dedicated to fleet expansion and working capital. The company subsequently expanded its asset base and deployed machinery to major national infrastructure and industrial ventures, including the Jakarta-Cikampek II toll road, Light Rail Transit (LRT) development, the Sukamahi Dam glass bridge, and new electric vehicle manufacturing facilities in West Java and Central Java, while executing strategic capital reallocations and corporate governance restructurings to support long-term operational growth.