PT PP Presisi Tbk (PPRE), until the end of the first semester of 2021, recorded a profit for the period attributable to owners of the parent entity of Rp794.12 billion, an increase of 29.65% compared to the same period the previous year of Rp612.46 billion.

The company's financial report published Tuesday (3/8) showed the profit growth was supported by PPRE's success in reducing the financial burden of around 27.74% or from Rp1.20 trillion to Rp870.62 billion.

PPRE revenue also increased slightly by around 1.17% or from Rp16.02 trillion to Rp16.21 trillion.

Until the end of June 2021, the company's total assets were recorded at Rp75.02 trillion with cash and cash equivalents of Rp2.5 trillion.