PP Presisi Raitan Kontrak Baru Senilai Rp5,245 Triliun Di 2022

Photo: Doc. PP Precision

JAKARTA - PT PP Presisi Tbk (PPRE) along with its subsidiary PT. Lancarjaya Mandiri Abadi (PT LMA) won a number of new contracts throughout 2022 with a total value of IDR 5.245 trillion.

The value of this new contract is dominated by PT PP Presisi Tbk which contributed to contributing a marketing value of IDR 3.660 trillion or 70 percent of the total value of the new contract with the rest obtained from its subsidiary, PT LMA.

Of the five business lines of PT PP Presisi Tbk, the mining services sector contributed more than 55 percent of the total value of new contracts, more precisely in the amount of Rp2.901 trillion obtained from the mining service business line including the addendum to PT Weda Bay Nickel's hauling work to infrastructure development in one of the mining areas of PT Hengjaya Mineralindo.

Furthermore, the civil work business line contributed IDR 2.138 trillion or 40.7 percent of the total contract acquisition. The addition of this new work includes the asphalt work of the Mandalika Circuit, the work to improve the Empu Nala Mojokerto road, the construction of the North Sumatra - Binjai railway structure to the construction of several public facilities in the capital city of the archipelago or IKN.

Furthermore, the addition of contracts from the structural work business line (Bekisting and other buildings) contributed 2.5 percent from several constructions of new buildings such as the BCA Data Center, AEON Deltamas, Warehouse Depok as well as temporary camp facilities in the mining area of PT Weda Bay Nickel. The heavy equipment rental and readymix business lines also contributed new contracts during 2022.

President Director of PT PP Presisi Tbk, Rully Noviardar said, in 2022 yesterday was one of the brilliant years for PT PP Presisi Tbk, after being beaten by the COVID-19 pandemic several years ago. PT PP Presisi Tbk rose stronger with the improvement of Indonesia's infrastructure and the implementation of the National Strategic Project acceleration program.

"The acquisition of a contract worth IDR 5.245 trillion for 1 year is close to our target as outlined in the 2022 RKAP. In 2023, we are sure that PT PP Presisi Tbk can attract more mining and civil projects to realize Indonesia's dream with complete infrastructure," said Rully, in his statement, Tuesday, January 24.

The total additional new contracts come from external employers or outside the PP Group, with a total marketing value of IDR 4.485 trillion or 92.5 percent coming from outside the PP Group.

PP Presisi Operations Director, Darwis Hamzah said, PP Presisi and its subsidiaries, namely PT LMA, continue to advance and develop to meet the infrastructure needs of the Indonesian people. 2022 is a year of proof that the company will always be consistent in swinging its wings to always serve various infrastructure businesses, both from feeding (Internal PP Group) and non-feeding (external PP Group) jobs.

"However, with the increasing portion of our new contract acquisition outside the group, of course, it is our pride and belief that PP Presisi has grown in the construction market and mining services," said Darwis.

PT PP Presisi Tbk in 2022 also issued a stage 1 Bond with a value of Rp. 201 billion which was used to finance the Company's Investment Credit and Working Capital Credit. The hope is that with the issuance of this Bond, PT PP Presisi Tbk can continue to carry out its business activities and improve the welfare of the workers in it.

Not to forget, PP Presisi also always cares about the preservation of nature and the environment and social awareness by holding routine TJSL or CSR programs.