JAKARTA - PT PP Presisi Tbk (PPRE), a heavy equipment-based mining and construction service company, recorded solid performance by posting new contract acquisitions of IDR 3.2 trillion until the second quarter of 2025.
This achievement reflects significant growth, which increased by 60 percent year-on-year (YoY) compared to the same period the previous year of IDR 2 trillion.
The new contract is dominated by the mining and construction service segment with a contribution of 89.58 percent, affirming the strategic position of PPRE in this sector. The company also continues to explore strategic partnership opportunities to expand business coverage, especially in the mining sector.
In line with the growth of new contracts, PPRE's financial performance also shows a positive trend. Based on the financial statements in the second quarter of 2025, PPRE managed to record revenue of IDR 1.6 trillion, with the mining and construction segments dominating the contribution of 97.6 percent.
Meanwhile, net profit was recorded at IDR 75 billion, an increase of 13.64 percent compared to the net profit in the same period the previous year of IDR 66 billion.
This profit growth reflects the increase in the efficiency and effectiveness of the company's operations. In terms of profitability, the company's gross margin increased to 19.50 percent, compared to 18.05 percent in the second quarter of 2024.
This margin increase is an indicator of improving operational performance and increasing cost control. In addition, the leverage ratio has also improved, where the Debt to Equity Ratio (DER) decreased to 1.12x, compared to 1.17x in the previous period.
BACA JUGA:
This decline shows the success of PPRE in maintaining a healthy capital structure and remains within the borders set by banks.
"We continue to encourage an increase in new revenues and contracts through adaptive strategies and focus on operational efficiency. In the midst of the growing dynamics of the industry, PPRE is committed to presenting innovative solutions and creating sustainable added value for stakeholders. We are optimistic about the prospects for the mining sector in the future," said the President Director of PT PP Presisi Tbk, Rizki Dianugrah, in his statement, Friday, August 8.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
