JAKARTA (Yosefardi) – Property developer PT Ciputra Development Tbk (CTRA) booked recurring income of Rp1 trillion last year, grew by 25% from Rp800 billion in previous year.
The company targets to book recurring income of Rp1.3 trillion this year, supported by Ciputra World I project and shopping mall projects in Grogol, Surabaya, and Semarang.
CTRA also booked marketing sales of Rp8.9 trillion in 2013, grew by 21.91% from Rp7.3 trillion in 2012. It targets to book marketing sales of Rp10 trillion this year.
CTRA also targets its revenue and net profit to grow by 50% this year. At 10.35 am Jakarta, CTRA gained 0.6% to Rp835 per share. While Citra Property and Ciputra Surya rose 0.75% and 0.88% respectively.