PT Pembangunan Perumahan Records Net Profit of Rp86.96 Billion in the First Half of 2022

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Reza Pahlevi 11/08/2022 13:20 WIB

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PT Pembangunan Perumahan recorded revenue of Rp9.02 trillion in the first half of 2022.

PT Pembangunan Perumahan Net Income and Profit/Loss Statement (Semester I, 2021 vs 2022)

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PT Pembangunan Perumahan Records Net Profit of Rp86.96 Billion in the First Half of 2022

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PT Pembangunan Perumahan Net Income and Profit/Loss Statement (Semester I, 2021 vs 2022)

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State-Owned Enterprise (SOE) PT Pembangunan Perumahan (Persero) Tbk, or PTPP, recorded revenue of Rp9.02 trillion in the first half of 2022.

This revenue increased by 39.6% year-on-year (yoy). In the same period last year, revenue was recorded at Rp6.46 trillion.

Revenue was dominated by construction services, amounting to Rp7.13 trillion. Meanwhile, property and retail contributed Rp1.08 trillion.

Despite the significant revenue increase, PT PP's net profit only increased slightly by 1.07% (yoy) to Rp86.96 billion. PT PP recorded a net profit of Rp86.04 billion in the previous period.

PTPP had assets totaling Rp58.27 trillion as of the first half of 2022. Liabilities were recorded at Rp43.71 trillion, and equity at Rp14.56 trillion.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."