PPRE – Significant earnings growth, despite lower topline
PPRE – Significant earnings growth, despite lower topline
PP Presisi (PPRE) posted revenue of IDR1.64 tn in 1H25, down 9.39% yoy from IDR1.81 tn in the same period last year. Cost of revenue stood at IDR1.32 tn, lower than IDR1.48 tn a year earlier. Consequently, gross profit reached IDR321.5 bn, a slight 1.81% yoy decrease from IDR327.44 bn in the same period last year. Despite the softer top-line performance, net profit surged 335.84% yoy to IDR4.62 bn (prev: IDR1.06 bn) for 1H25. (Source : Emiten News)