Search result for: "Pembangunan Perumahan"

Pembangunan Perumahan Subsidiary Loans. One of the SOEs engage in planning and building construction. PTPP Tbk (PTPP) again provides loans to its subsidiary. This time, PTPP provide a loan to its subsidiary. Or shareholder loan, to PT PP Semarang Demak. PTPP provide a loan of Rp 203.94 billion to PT PP Semarang Demak.

Ceria Nugraha Indotama (CNI) confirm its commitment in building the factory Ferronickel (smelter). Because the company’s smelter construction, construction of the mine it will soon be started. CNI official gave credence to the smelter construction to state owned enterprise (SOE) Pembangunan Perumahan (Persero), Tbk (PTPP.

Until July 2018, Pembangunan Perumahan, Tbk (PTPP IJ) to obtain a new contract worth IDR27.19Trn, or grew by 24% Year on Year (YoY) compared to the previous year totaling IDR21.86Trn. Up to July.

Pembangunan Perumahan, Tbk (PTPP:IJ) managed to get a new contract IDR17.6Trn or equivalent to 35.8% of the company’s target, declined 12.8% YoY from IDR20.2Trn in 1H17. Currently, the company holds 18% of consortium of Patimban Port development with contract value of.

Pembangunan Perumahan, Tbk (PTPP:IJ) is targeting IDR2.1Trn of net income in 2018, or an increase of 22% from projected realization in 2017. Its revenue target is IDR28.5Trn, an increase of 21% from the projected realization in 2017. It seeks to book IDR49.1Trn of new.

PT Pembangunan Perumahan (Persero), Tbk (PTPP IJ), construction services and strategic investments company, injects fund worth IDR745bn to its subsidiary, PT Pembangunan Perumahan Energi (PPE). PPE will used the fund to invest in power plants by establishing a joint venture company PT Meulaboh Power.

PTPP booked 38.6% of its FY13F net profit target in 1H13 – much higher than the 19%-21% achieved in the past two years. Hence, it is cautiously optimistic of posting robust FY13F earnings and guides for a new IDR400bn earnings target (8.1% above earlier forecast). As at end-June, 48.2% of the new FY13 target contract.

Company Profile PTPP provides civil engineering and building construction services. It has recently expanded into EPC developments and industrial concrete manufacturing, as well as property developments. Highlights The port projects specialist PTPP’s orderbook, which is expected to reach ~IDR35trn by end-FY13, is bolstered by its expertise in port development, as well as its strong working.

PTPP has guided for IDR140bn net profit in 1H13 (up 115% y-o-y) over IDR3.2trn revenue (up 60% y-o-y). At 38% of its FY13 bottom-line target, PTPP is slated to achieve ~8% above the company’s IDR370bn official guidance for FY13. In light of the positive fundamental catalyst amid a weak share price, we call for a.

PTPP has indicated 1HFY13 revenue and net profit of ~IDR3.2trn and ~IDR140bn respectively on strong new contract successes. This bottomline represents 38% of its FY13 target, indicating it can achieve ~8% above its IDR370bn FY13 guidance. In light of this positive catalyst amid a weak share price, we call for a BUY with a TP.