PT Transkon Jaya Tbk Reports Earnings Results for the First Quarter Ended March 31, 2022

PT Transkon Jaya Tbk is an Indonesia-based four-wheel drive (4WD) rental specialist. The Company is specializing in vehicle rental 4 x 4 and 4 x 2 to the mining industry, oil and gas industry, and construction industry, including light vehicles, light truck and bus, man haul, ambulance, service body, rescue vehicle, and many other specialist vehicles. Its segments include Vehicle Rental, Internet Service Provider and Outsourcing Services. It has operations in various islands, such as Kalimantan, Sumatera, Sulawesi, Nusa Tenggara Barat, Maluku, and Jawa, including workshop facilities at more than 100 different mine sites to support the rental fleet in excess of three units. It also has other business division with PACNet operating under the banner of PACNet, providing Internet and communications services and information technology (IT) and computer services. Its subsidiaries include PT Borneo Sentana Gemilang and PT Multinet Perkasa Indonesia.