JAKARTA (Yosefardi) – Property developer PT Ciputra Property Tbk (CTRP) booked profit attributable to equity holders of the parents of Rp31.05 billion in the first quarter of 2015, up 3.3% from Rp30.08 billion in the same period of 2014.
Revenues rose 31% to Rp329.69 billion from previous Rp251.2 billion. Operating profit increased 28.8% to Rp85.5 billion from earlier Rp66.2 billion.
Condominium and residence sales reached Rp106.69 billion, shopping center lease Rp130.75 billion, hotel Rp44.6 billion, office lease Rp27 billion, office sales Rp13.9 billion, and serviced apartment Rp6.67 billion.
Its assets reached Rp9.45 trillion while liability amounted Rp4.5 trillion. The company has huge cash of Rp1.03 trillion.