JAKARTA (Yosefardi) – Property developer PT Sentul City Tbk (BKSL) decided to refinance its debt scheduled to mature this year amounting Rp471.08 billion.
As at June this year, the company has cash and cash equivalent of Rp388.64 billion. It reported 98.84% drop to Rp10.35 billion for first half of this year, compared to profit Rp891.56 billion in the corresponding period of 2013.
Its revenues declined 26.35% to Rp394.79 billion and cost or revenues fell 7.99% to Rp167.5 billion.