PPRE Expands to ANTM Nickel Mine, Q3 Profits Soar 1,280%

PT PP Presisi Tbk (PPRE) has secured a new contract worth IDR 150 billion in the nickel mining sector, located in North Konawe, Southeast Sulawesi.

The project involves the leasing of heavy equipment and operational support for the nickel mining business unit (UBPN) of PT Aneka Tambang Tbk (ANTM).

PPRE President Director, Rizki Dianugrah, stated that this new contract strengthens the company’s position in expanding its mining services portfolio, particularly in the nickel sector, which plays a vital role in the national electric vehicle supply chain.

“We are committed to continuously improving productivity, efficiency, and operational sustainability to deliver added value for all stakeholders,” Rizki said in a written statement on Friday (24 October 2025).

He added that the expansion aligns with PPRE’s long-term vision to become a leading integrated mining and construction services company in Indonesia. The company is enhancing its operational support with a fleet of modern heavy equipment and experienced professionals.

As previously reported by IDNFinancials.com, PT Pembangunan Perumahan Presisi Tbk (PPRE) recorded a net profit of IDR 104.9 billion by the third quarter of 2025, a sharp increase of 1,280% compared to IDR 7.6 billion in the same period last year.

The construction segment continued to contribute approximately 91.1% of Q3 2025 revenue, amounting to IDR 2.5 trillion.

Meanwhile, although the performance of the leasing and ready-mix segments weakened, the mining segment saw a significant surge, with its contribution soaring by 1,668.2%—or 17.7 times higher—to IDR 191.1 billion

Source: https://www.idnfinancials.com/news/58159/ppre-expands-to-antm-nickel-mine-q3-profits-soar-1-280

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