Madiun, E Java (ANTARA News) - State-owned railway industrial company PT Industri Kereta Api (INKA) said its sales fall short of target this year on a number of factors.

The company set sales target at Rp1 trillion this year but so far sales were valued only at Rp675 billion, INKA`s spokesman Bintang said here on Friday.

Among the factors causing the shortfall included orders being not as expected and failure to meet delivery time, Bintang said.

"There are orders having been completed but for some reason delivery was delayed," he noted.

Among the orders handled by INKA this year included 50 units of train air condition (As) for the railway directorate general with contract worth Rp175 billion, a unit of diesel railway carriage, 24 units of carriage of electric diesel train, 10 units of electric train carriage and three units of locomotive.

INKA also has orders from abroad including from Malaysia for 16 units of carriage worth US$5 million and from Singapore for 20 units of cargo cars the type of "wheel wagon" and "flat wagon".

INKA also received orders from Trans Jakarta Busway for 21 units of passenger bus to serve bus ways in the city.

Deliveries already made in 2012 included for PPCW, AC for economic train, CKRDE, LTA Singapore, ASC + PGC+ ABC Malaysia, KRL Kfw, and buses with trailer.

It also has completed order for repairs of railway carriages, he said.

Bintang said that despite the shortfall INKA is expected to post profit.

He said in 2013, PT INKA hopes to receive more job order such as carriage maintenance, and participation in the development of monorail project in Jakarta. (H-ASG)

Editor: Ella Syafputri
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