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IRSX - Aviana Sinar Abadi

TOTL - Aims for 27% growth by year-end

25 August 2023

TOTL - Aims for 27% growth by year-end Total Bangun Persada (TOTL) targets double-digit revenue and profit growth by the year's end, reaching IDR2.3 tn and IDR95 bn respectively which increase 15%-27% from 2022 performance. TOTL's 1H23 revenue achieved IDR1.21 tn, up 8.76% yoy. The company's performance this year is driven by new contract achievements, with contracts secured until the end of Jul’2023 reaching 75% of the target, totaling approximately IDR1.96 tn. TOTL continues to pursue tender processes with a total value of around IDR5.04 tn. (Source : Kontan)

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