🟢 United Tractors is trading 4.40% up today despite significant Q3 profit decline

United Tractors is trading at IDR 26,100, up 4.40%, despite its latest results release highlighting a sharp decline in third-quarter profit.

• Third-quarter net profit attributable to owners plummeted by 61% year-on-year to IDR 4.47 trillion, the lowest level in five years.
• Overall net revenue for the first nine months of 2026 decreased by 10% to IDR 90.3 trillion, driven by lower gold sales and weaker heavy equipment and coal mining segments.
• The reported Rp3.5 trillion figure in the company's Q3 results refers to non-recurring charges, not a profit increase.