PP Presisi Posts 4% Revenue Growth Amid Construction and Mining Sector Challenges
PT PP Presisi Tbk (PPRE) has successfully recorded positive performance throughout 2025 amidst various challenges and dynamics within the construction and mining services industries. The company recorded consolidated revenue of Rp3.9 trillion, representing a growth of approximately 4% compared to the previous year’s Rp3.8 trillion.
This achievement was highlighted during the Annual General Meeting of Shareholders (AGMS) for the 2025 Fiscal 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 managed to maintain a healthy liquidity position. The company recorded a current ratio of 1.15 times, which is higher than the banking covenant limit of 1.1 times. Meanwhile, the interest-bearing debt to equity ratio was recorded at 0.86 times, remaining below the established covenant limit.
President Director of PP Presisi, Rizki Dianugrah, stated that the various strategic steps 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 increasing operational efficiency to create sustainable growth,” said Rizki in his statement.
In addition to approving the annual report and the use of net profits, the Extraordinary General Meeting of Shareholders (EGMS) also established changes to the composition of the Board of Directors and the Board of Commissioners as part of efforts to strengthen corporate governance and organisational leadership.
The composition of the Board of Commissioners and Directors of PP Presisi following the 2026 EGMS is as follows:
Board of Commissioners:
President Commissioner/Independent Commissioner: Narwanto
Commissioner: Maulana Malik Ibrahim
Commissioner: Albert Simangunsong
Board of Directors:
President Director: Rizki Dianugrah
Director of Finance & Human Capital Management: Ramlan Nurdiansah
Director of Operations: Yovi Hendra
Meanwhile, in an Independent EGMS, shareholders approved the divestment of the company’s entire shareholding in PT Lancarjaya Mandiri Abadi (LMA) to PT Lancarjaya Investama Abadi, with a transaction value reaching Rp1.6 trillion. This move is part of the company’s strategy to strengthen its financial structure by meeting obligations to creditors, reducing interest burdens, increasing liquidity, and strengthening working capital to support future operational activities and business development.
This corporate action is also in line with the State-Owned Enterprise (SOE) Subsidiary Restructuring and Management programme, which aims to increase the effectiveness of business portfolio management and create long-term value for shareholders. During the 202_ fiscal year, the company booked a net profit of Rp35.34 billion.
In other corporate news, PT Indonesia Asahan Aluminium (INALUM) recorded its best financial and operational performance in its more than five-decade history. In the Annual General Meeting of Shareholders held on Friday (19/6), PT Darya-Varia Laboratoria Tbk reported revenue of Rp2.23 trillion, a 7% growth compared to the previous year. Additionally, PT Provident Investasi Bersama Tbk (PALM) decided to distribute dividends of Rp50 billion to shareholders from the 2025 fiscal year profits, while PT Blue Bird Tbk (BIRD) distributed a cash dividend of Rp166 per share following solid financial performance throughout 2025.