PP Presisi Posts 4% Revenue Growth Amid Construction and Mining Sector Challenges

PT PP Presisi Tbk (PPRE) successfully recorded positive performance throughout 2025 amid various challenges and dynamics in the construction and mining services industry. The company posted consolidated revenue of Rp3.9 trillion, growing approximately 4% compared to the previous year’s Rp3.8 trillion. This achievement was highlighted at the Annual General Meeting of Shareholders (RUPST) for the 2025 financial year, reflecting the success of the company’s business diversification strategy and efforts to maintain sustainable operational productivity. From a financial perspective, PP Presisi also maintained a healthy liquidity condition. The company recorded a current ratio of 1.15 times, higher than the banking covenant limit of 1.1 times. Meanwhile, the interest-bearing debt to equity ratio was recorded at 0.86 times, still below the stipulated covenant limit. President Director Rizki Dianugrah stated that the strategic measures taken by the company are part of a continuous transformation to build a stronger business structure that is adaptive to market changes. “The company continues to focus on strengthening fundamentals, optimising the business portfolio, and improving operational efficiency to create sustainable growth,” Rizki said in a statement. In addition to approving the annual report and the use of net profit, the Extraordinary General Meeting of Shareholders also determined changes to the composition of the Board of Directors and Board of Commissioners as part of efforts to strengthen corporate governance and organisational leadership. The new composition of the Board of Commissioners includes Narwanto as President Commissioner and Independent Commissioner, with Maulana Malik Ibrahim and Albert Simangunsong serving as Commissioners. The Board of Directors consists of Rizki Dianugrah as President Director, Ramlan Nurdiansah as Director of Finance and Human Capital Management, and Yovi Hendra as Director of Operations. Furthermore, during the Extraordinary General Meeting of Shareholders, shareholders approved the divestment of the company’s entire share ownership in PT Lancarjaya Mandiri Abadi (LMA) to PT Lancarjaya Investasi Abadi, with a transaction value of Rp1.6 trillion. This move is part of the company’s strategy to strengthen its financial structure by fulfilling obligations to creditors, reducing interest expenses, increasing liquidity, and bolstering working capital to support future operational activities and business development. This corporate action is also in line with the State-Owned Enterprise Subsidiary Restructuring and Management programme, which aims to improve the effectiveness of business portfolio management and create long-term value for shareholders.