JAKARTA (Yosefardi) – Construction firm PT Total Bangun Persada Tbk (TOTL) expects to book revenue of Rp2.5 trillion in 2015, compared to this year’s target of Rp2.4 trillion, with total contracts targeted for Rp9 trillion.
The company targets order book to reach Rp4-5 trillion for next year, equal to this year’s target of Rp5 trillion, mainly contributed by high rise and residential projects.
TOTL also targets to book net profit of Rp175-200 billion for next year. It booked net profit of Rp69.5 billion in the first half of 2014, declined 38% from Rp111 billion in the same period of 2013.
Revenues increased 5.3% to Rp1.13 trillion from previous Rp1.19 trillion. Its assets totaled Rp2.13 trillion while liability amounted Rp1.36 trillion.