JAKARTA (Yosefardi) –PT Jababeka Tbk (KIJA) booked marketing sales of Rp1.6 trillion in first nine months of this year, representing 80% of this year ‘s target (Rp2 trillion).
The company allocates capital expenditure of Rp500 billion for this year, mostly for funding the expansion of industrial area, the main contributor for marketing sales growth.
KIJA targets to book revenue of Rp1.4 trillion this year. The company booked net profit of Rp90. 47 billion in first nine months of this year, dropped 67% from Rp280.97 billion in the same period of last year.
Sales and services revenue doubled to Rp2 trillion from previous Rp1 trillion but cost of sales and service revenue also soared 182% to Rp1.15 trillion. Financial expenses also jumped 318% to Rp515.95 billion. jumped Its assets totaled Rp7.85 trillion while liability amounted Rp3.8 trillion.