Jakarta - PT PP Presisi Tbk (PPRE) until October 2021 posted new contracts reaching Rp4.8 trillion, an increase of 129% compared to the same period the previous year of Rp2 trillion.

"The additional acquisition of new contracts during October amounted to IDR 56.2 billion in the form of structural construction projects including the Indonesian Attorney General's Office, LIPI Bandung and MRT projects as well as contributions from subsidiaries, namely PT LMA, including Kuwil Dam," said Director of Equipment and SCM PP Presisi Muhammad Wira Zukhrial in his statement on Friday (5/11).

He explained that the acquisition of new contracts is currently dominated by mining services 49%, civil work by 43.82%, and the rest comes from production plants, structural works, and heavy equipment rental 7.18%.

Thus, this achievement has exceeded 133% of the initial target of PPRE's new contracts this year.

"With the achievement of the new c