United Tractors, Tbk (UNTR), a subsidiary of PT. Astra International, Tbk, was founded in 1972 and listed in 1989. United Tractors operates in five main pillars: Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. During a press conference of UNTR 2026 Annual General Meeting of Shareholders (AGMS) on 16 April 2026 at Catur Dharma Hall Menara Astra, Jakarta, Ari Setiawan, as Corporate Secretary, announced the new appointment and structure within the Board of Directors and Commissioners. This includes the appointment of Iwan Hadiantoro as the new President Director, replacing Frans Kesuma, who was promoted as the new President Commissioner effective since the closing of the 2026 to 2027 AGMS. The new appointment and role on the board of commissioners, with Frans Kesuma as President Commissioner, will strengthen the company’s supervisory function, together with other members of the board of commissioners, namely Paulus Bambang Widjanarko, Bruce Malcolm Cox, and Ignasius Jonan.
The new UNTR Board of Directors and Commissioners are as follows:
Board of Directors:
President Director: Iwan Hadiantoro
Director: Idot Supriadi
Director: Widjaja Kartika
Director: Vilihati Surya
Director: Ari Sutrisno
Director: Hendra Hutahean
Director: Andreas
Board of Commissioners:
President Commissioner: Frans Kesuma
Independent Commissioner: Paulus Bambang Widjanarko
Independent Commissioner: Bruce Malcolm Cox
Independent Commissioner: Ignasius Jonan
Commissioner: Djoko Pranoto Santoso
Commissioner: Rudy
Commissioner: Gita Tiffani Boer
Commissioner: Lincoln Lin Feng Pan
At the AGMS, UNTR announced a cash dividend of Rp 1,663 per share for the 2025 fiscal year, a total of Rp 5.92 trillion, based on a consolidated net profit of Rp 14.8 trillion. Part of the dividend has been paid in advance. The value is IDR 567 per share, or equivalent to IDR 2.06 trillion. The payment was made on October 24, 2025, as an interim dividend, while the remaining dividend of IDR 1,096 per share will be distributed to shareholders registered in the Shareholders List on 28 April 2026, at 16:00 WIB (Recording Date Dividend), and the final dividend payment is scheduled for 18 May 2026. The total amount of dividends paid is still subject to change.
However, due to the ongoing share buyback program adjustments depend on the number of shares, entitled to receive dividends based on the company’s Shareholder List on the Dividend Recording Date.
Despite the uncertainties due to wars and the global economic climate, according to the 2026 report, UNTR’s net income for the start of 2026 was affected by decreased contributions from mining contracting and lower coal prices. However, efficiencies, mitigation steps, and optimal strategies have been implemented to overcome these issues.
UNTR also emphasized its continued approaches and commitment to sustainability principles. The company implements an environmental, social, and governance (ESG)-based strategy. Environmental targets include a 30 percent reduction in greenhouse gas emissions within scopes 1 and 2. The company also targets a 22 percent renewable energy mix. Social targets are focused on zero fatalities in the workplace. Community empowerment programs are targeted to reach 750,000 beneficiaries.
UNTR enhances governance by adopting international standards to maintain strong corporate governance practices. The company has set 10 Sustainability Aspirations for 2030 as a roadmap for business transformation, with a key focus on increasing non-coal and renewable energy sector revenue to support the global energy transition.