JAKARTA (Yosefardi) – Construction firm PT PTPP Tbk (PTPP) booked net profit of Rp268.5 billion in the first half of this year, surged 121% from Rp64.86 billion in the same period of last year.
Revenues doubled to Rp4.18 trillion from previous Rp2.03 trillion.
The company booked new contracts of Rp9.5 trillion in first half, almost 50% of this year target (Rp19.7 trillion). Its order book reached Rp25.3 trillion.
PTPP targets to book revenues of Rp10.2 trillion this year and net profit of Rp370 billion.