Hexindo Adiperkasa (HEXA), the sole distributor of Hitachi and John Deere heavy equipment, booked a net profit of US$20.68 million in 2020, which declined 39.4% from US$33.4 million in 2019. Revenues fell 46% to US$172 million from the previous US$320 million. Sales of heavy equipment and commission services to third parties dropped 58% to US$77.8 million. Sales of spare parts fell 37% to US$49 million, and revenue from repair and maintenance services fell 20% to US$44.5 million.
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