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PTPP – Targeting National Strategic Project (PSN) Contracts

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Ajeng Kartika Hapsari
Ajeng Kartika Hapsari
Analyst - Property, Construction
Ajeng Kartika Hapsari
Latest posts by Ajeng Kartika Hapsari (see all)
  • CTRA – Focused in Developing New Cluster in Existing Projects - December 8, 2021
  • PWON – Economic Recovery Boosts Recurring Income - December 1, 2021
  • PTPP – Targeting National Strategic Project (PSN) Contracts - November 22, 2021

In 3Q21, PTPP booked a +45.2% YoY increase in revenue. Meanwhile, profit jumped 316% YoY. PTPP revised down the new contracts to IDR27.8 trillion, in which PTPP has acquired IDR13.48 trillion of new contracts or 48.4% of the target. In the future, PTPP will aim for the National Strategic Project (PSN) in the infrastructure and EPC field with a target contract of IDR5.9 trillion.

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