JAKARTA (Yosefardi) – Property developer PT Agung Podomoro Land Tbk (APLN) has spent Rp305 billion for acquiring 85% shares of PT Graha Cipta Kharisma which has 9.5 hectares land area in Klender, East Jakarta.
APLN will build mixed-use property consisting of 6 apartment towers, shophouses and commercial area at the land.
The company booked marketing sales of Rp2.59 trillion as of July this year, declined 26.6% from Rp3.68 trillion in the same period of last year.
Harco Glodok project contributed 30.6% of total sales, followed by Orchard Park Batam 25.5%, Podomoro City Extension 13%, and Grand Taruma contributed 6.5%.
APLN booked net profit of Rp355.17 billion in first half of 2014, declined 20.6% from Rp447.3 billion in the same period of last year. Revenues also fell 5% to Rp2.29 trillion from previous Rp2.42 trillion.