JAKARTA (Yosefardi) – Construction firm PT PTPP Tbk (PTPP) expects to book net profit of Rp407 billion this year, grew by 31% from Rp309 billion in 2012.
The company targets to book revenue of Rp12.3 trillion this year. It had booked new contracts of Rp13.93 trillion as of October, 70% of this year’s target (Rp20 trillion).
Its order book then totaled Rp29.80 trillion, of which carry over contracts amounted Rp15.87 trillion.