JAKARTA (Yosefardi) – State construction firm PT Pembangunan Perumahan Tbk (PTPP) booked net profit of Rp80.32 billion in the first quarter of 2015 on revenues of Rp387.89 billion. It recorded revenues of Rp14.29 billion in the same period of 2014.
Property business contributed revenues of Rp373.12 billion. PTPP targets to book revenues of Rp1.64 trillion this year.
It has booked new contracts of Rp8.9 trillion as of mid of May this year, with total order book of Rp37.9 trillion including carry over contracts of Rp19 trillion.
The company targets to book new contracts of Rp27.5 trillion for this year. PTPP will pay dividend of Rp106 billion for 2014 fiscal year.