JAKARTA (Yosefardi) – Property developer PT Bumi Serpong Damai (BSD) Tbk (BSDE) booked net profit of Rp1.53 trillion in first half of this year, jumped twofold compared to Rp507 billion in the same period of last year.
Hermawan Wijaya, BSD’s director and corporate secretary said revenues grew by 89% to Rp2.9 trillion from previous Rp1.6 trillion.
Gross profit surged 122% to Rp2.2 trillion while operating cost increased 12.98%. Operating profit however jumped twofold to Rp1.73 trillion.