PT PP (Persero) Tbk (PTPP) has proudly secured a spot on the prestigious Fortune Southeast Asia 500 list for the 2024 performance period. This recognition highlights PTPP’s robust performance and high competitiveness within the Southeast Asian region. The Fortune Southeast Asia 500 is an annual ranking that features the 500 largest companies in Southeast Asia based on revenue. This year, PTPP stands out for its consistent commitment to supporting national development through various strategic projects.
In 2024, PTPP reported impressive operating revenue of USD 1,251 million (approximately IDR 19.81 trillion), reflecting a year-on-year growth of 7.30%. The company also achieved a net profit attributable to the parent company of USD 26.2 million (IDR 415.6 billion). Corporate Secretary Joko Raharjo stated that this achievement is a testament to the successful business transformation and operational efficiency that the company has maintained amidst global challenges and the dynamic construction sector.
Furthermore, this accomplishment is a result of the hard work of all employees and serves as proof that Indonesian state-owned enterprises can compete at the regional level. “We will continue to strengthen the company’s fundamentals while promoting innovation and sustainability to provide added value for the nation and society,” Joko emphasized in a written statement on Thursday, June 19, 2025.
PTPP is also actively involved in completing several National Strategic Projects (PSN) prioritized by the government, including:
- Semarang – Demak Toll Road Section 2
- Makassar New Port IB & IC
- Indrapura – Kisaran Toll Road
- Leuwikeris Dam
- Lolak Dam
- Rengrang Irrigation
- Benoa Port Package B & Bali Maritime Tourism Hub
- Integrated Batang Industrial Area Waste Water Treatment Plant
Additionally, PTPP is committed to promoting sustainable and environmentally friendly development. This commitment is evident in several building projects that have received Green Building certification, including:
- Dharmais Cancer Hospital Tower C (Greenship Gold – Design Recognition)
- Dharmais Cancer Hospital Tower B (BGH Planning – Main)
- Presidential Palace IKN (Main – Planning)
- Presidential Office IKN (Main – Planning)
- Ministry of State Secretariat IKN Building (Main – Planning)
Watch the video: PPATK Finds 36.67% of National Project Funds Entering the Pockets of ASN-Politicians