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Pratama Widya targets to generate Rp 77 billion in revenue this year

10 February 2020 11:42

JAKARTA - PT Pratama Widya Tbk (PTPW) targets to generate Rp 77 billion in revenue this year. The company is optimistic that it can achieve this target, especially with the relocation of the capital city to East Kalimantan. 

Cyrilus Winatama, Director of PT Pratama Widya Tbk, stated that the construction industry will still grow in the next few years. "The company is also optimistic that the relocation of the capital city to Kalimantan can provide fresh air to the company, especially in the construction sector," he said in a press release after the initial listing of the company's shares on the Indonesia Stock Exchange (IDX) on Monday (10/2).

According to him, the company is also optimistic that it can distribute as much as 50% of its net profit as dividends in the coming year. (LK/AR)

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