JAKARTA (Yosefardi) – Property developer PT Ciputra Development Tbk (CTRA) targets to get new property projects worth Rp15 trillion this year. It expects to develop 15 residential projects.
These new projects are located in Samarinda, Malang, Cileungsi, Kendari, Jakarta, Bali and Surabaya. For this year, CTRA targets to book marketing sales of Rp10.9 trillion. New projects will contribute Rp2.7 trillion marketing sales this year.
The company targets to book revenue of Rp8.2 trillion for this year, a 30% growth compared to last year. While net profit is expected to also grow by 30% to Rp1.7 trillion.
Meanwhile property developer PT Lippo Cikarang Tbk (LCPK) targets 11% growth in revenue and net profit for this year. It targets to book marketing sales of Rp2.5 trillion for this year. LCPK had booked marketing sales of Rp1.27 trillion in the first quarter of this year.