Bisnis.com, JAKARTA— PT PP Presisi Tbk (PPRE) posted a new contract of Rp 5.2 trillion in 2018 or exceeded the target of Rp 5 trillion.
Based on the press release, PP Presisi reported obtaining an additional new contract of Rp 758.5 billion in December 2018. The work came from Patimban port's civil work and ready mix, civil work and access road of Oki paper mill’s port, formwork of Darmo Hill, TOD Pondok Cina Depok , The Park Sawangan, and a coal mining exploration contracts in East Kalimantan.
With the additional work, the total new contracts pocketed by the company during January 2018-December 2018 are worth Rp 5.2 trillion. That achievement exceeded the 4% target of Rp 5.0 trillion in 2018.
