Totalindo Revenue Soars 190% YoY Jan-Sep 2021


Jakarta - PT Totalindo Eka Persada Tbk (TOPS) until the third quarter of 2021 posted revenues of Rp450.1 billion, an increase of around 190% compared to the same period in the previous year of Rp155.2 billion.

TOPS Board of Directors Solomon Sihombing said the growth in performance during that period was contributed by the company's carry-over projects in the previous year, amounting to Rp1.2 trillion.

Totalindo has won new contracts worth Rp285.38 billion, including the BSD Skyhouse development project, Kingland Avenue, Alam Sutera Apartment Marketing Gallery, One Avenue Batam, Kingland Tower Fritz.

"Until now, the construction process is still going well and on time. The improvement in our performance has proven to have produced positive results," he said in Jakarta on  Monday (15/11).

One of the new projects achieved is the construction of the Batamindo factory, which is the first project in the construction of this type


Penulis : Widya