The company could obtain new contract worth Rp3tn in this first quarter, it equals to 23.1% from its FY10 target of Rp13tn.
Moreover, they are optimist to book half of is new contract target in 1H10. With such target, they are aiming to book revenue and net profit of Rp6.3tn and Rp359bn, respectively. The bottom line level reflects PER10F of 8.8x, which is slightly higher to average construction companies of 8.2x.
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