State construction firm PT PP (PTPP) targets to book net profit of Rp1.7 trillion this year, after booking Rp631.8 billion profit in the first half (H1) this year, a 53% rise compared to Rp410 billion in H1 last year. Revenues grew 26% to Rp8.1 trillion in H1 this year, from Rp6.4 trillion in the same period last year. PTPP booked new contracts of Rp20.2 trillion in H1, representing 49.7% of target for this year (Rp40.6 trillion).
