PPRE - PT. PP Presisi Tbk

Rp 380

-2 (-0,52%)

JAKARTA - PT PP Presisi Tbk (PPRE) aims to increase the revenues achievement by Rp 5 trillion-Rp 6 trillion by the end of 2019, while net profit increases to Rp 600 billion.

Benny Pidakso, Director of PT PP Presisi Tbk (PPRE) stated the company would like to increase the target profit of 2019 from the target in the same period of 2018 at Rp 326.42 billion. “We are optimistic that the net profit in 2019 will reach Rp 600 billion,” said he, in Jakarta.

The company generated Rp 3.05 trillion of revenues in 2018, which rose by 68% from Rp 1.82 trillion in 2017. The increase in revenue was sustained by the construction segment that rose 75.86% to Rp 2.48 trillion, rental income equipment that rose 58.93% to Rp 382.54 billion, and ready mix segment that rose 13.47% to Rp 185.35 billion. (LK/W)