JAKARTA. PT Paramita Bangun Sarana Tbk (PBSA), a construction company under PT Ascend Bangun Persada, aims for a new project worth IDR 500 billion by the end of 2021.
Vincentius Susanto, Director and Corporate Secretary of PBSA, revealed that the company had recorded operating revenue of IDR 73 billion by the end of the first half of 2021. “This amount is equivalent to 20.86% of the company’s 2021 revenue target. The target was previously announced in the annual public expose of PBSA, reaching IDR 350 billion,” he explained more.
Susanto claimed that by far, the total value of new projects secured by PBSA had reached IDR 350 billion. These new deals include biodiesel factory, palm processing factory, and storage tank projects. Several of these projects have entered the construction stages and are envisioned to be completed by the end of 2021.
In the information disclosure in Indonesia Stock Exchange today (5/10), Susanto also mentioned that there were some projects that were in the tender finalisation phase. Regardless, he claimed that his company is still actively seeking opportunities in new projects to maintain business longevity in the middle of the COVID-19 pandemic. (KR/ZH)