JAKARTA. PT Total Bangun Persada Tbk (TOTL) has obtained new contracts with a total value of Rp 56.68 billion during the first three months of 2020.
The company's target for this year is Rp 3 trillion. The new contracts come from hotel and education building projects.
Corporate Secretary of Total Bangun Persada Mahmilan Sugiyo explained that TOTL will still try to pursue its initial target of Rp 3 trillion. At present, the company is participating in a number of tenders.
Mahmilan also explained that at present, the work on some of the company's projects has been reduced due to the COVID-19 outbreak. (AM/AR)