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State-Owned Issuer PTPP's Losses Surged 299% in 2025

Akbar Ridwan 07/04/2026 13:40 WIB

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According to the financial report of PT PP (Persero) Tbk (PTPP), the company's losses throughout 2025 have increased by 299% (year-on-year/yoy).

The Business Revenue and Losses of PT PP (Persero) Tbk/PTPP (2024-2025)

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State-Owned Issuer PTPP's Losses Surged 299% in 2025

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The Business Revenue and Losses of PT PP (Persero) Tbk/PTPP (2024-2025)

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According to the financial report of PT PP (Persero) Tbk (PTPP), the company's losses throughout 2025 increased by 299% year-on-year (yoy).

In 2025, this infrastructure sector issuer recorded losses attributable to the parent company of Rp6.08 trillion, while in 2024 its losses were Rp1.52 trillion.

This increase in losses coincided with a 17.87% year-on-year drop in PTPP's operating income to Rp16.27 trillion.

PTPP's revenue in 2025 was supported by the construction services segment of Rp13.51 trillion, EPC of Rp1.15 trillion, property and realty of Rp774.50 billion, and concession financial asset construction of Rp399.96 billion.

Then there were revenues from equipment rental segment of Rp69.49 billion, precast of Rp10.65 billion, energy of Rp53.24 billion, toll roads of Rp68.07 billion, and mining services of Rp232.95 billion.

These earnings were eroded by operating expenses of Rp14.81 trillion, a decrease of 13.78% year-on-year. Thus, PTPP's gross profit during 2025 reached Rp1.46 trillion.

As of December 31, 2025, this state-owned issuer recorded assets of Rp42.98 trillion, a plunge of 21.18% year-on-year. Its assets consisted of liabilities of Rp38.68 trillion and equity of Rp4.30 trillion.

In an explanation to the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI), PTPP stated that its assets declined due to a reduction in trade receivables to Rp3.13 billion.

Then there was a decrease in the value of inventories to Rp7.50 billion, as well as a decrease in the value of land to be developed to Rp1.37 billion.

Editor : Adi Ahdiat

"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."

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State-Owned Issuer PTPP's Losses Surged 299% in 2025

State-Owned Issuer PTPP's Losses Surged 299% in 2025

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State-Owned Issuer PTPP's Losses Surged 299% in 2025

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