PP Presisi PT Tbk (PPRE.JK) is a subsidiary of PT PP (PTPP.JK) Tbk who is engaged in the business of civil construction and building structures.
PT PP Presisi is the largest heavy equipment rental company in Indonesia (have 1,500 units of the heavy equipment fleets). In addition, the company also has the form work covering an area of 27,000 square meters and 8 ready mix factories. PT PP Presisi have bright prospects in the future especially in infrastructure projects, ranging from toll roads to multilevel buildings or skyscrapers.
The market potential for PT PP Presisi is very large indeed Ranging from infrastructure projects, including highways, seaports, railway, airports, dams, bridges, irrigation to multilevel buildings.
PP Presisi targeting projects that come from the government, state-owned enterprises (SOEs), and private firms.
The company has a very solid fundamental performance. This is reflected in the revenue projected in 2018 to Rp 4.9 trillion or jump from 2017 (Rp 2.3 trillion-estimate) and 2016 (Rp 371 billion). Net profit projected in 2018 to Rp 434 - 500 billion or jump from 2017 (Rp 89 billion-to August 2017)) and 2016 (Rp 41 billion). In addtion, the company just get new contract for mining sector worth Rp 350 billion per year for 5 years in Sumatra.
Many national and international construction companies have been using the services of PT Presisi, such as the PT Pembangunan Perumahan (Persero) Tbk, PT Adhi Karya (Persero) Tbk, PT Waskita Karya (Persero) Tbk, PT Hutama Karya (Persero), PT Istaka Karya Persero, PT Nindya Karya (Persero), PT Brantas Abipraya (Persero), PT Acset Indonusa Tbk, PT Total Bangun Persada Tbk, PT Jagat, PT Nusa Raya Cipta Tbk, PT PP Taisei Indonesia Construction, and PT Leighton.
Now, the company is currently working on many projects from property companies, such as Deltamas and PT Summarecon Agung Tbk. And for non-construction companies who became clients of PP Presisi are PT Krakatau Steel (Persero) Tbk, PT Pertamina EP, PT Adaro Energy Tbk, PT Pama Persada, Dongfang Electric, Noble Energy, and HEC China Harbour.
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