JAKARTA (Yosefardi) – Property developer PT Ciputra Development Tbk (CTRA) posted net profit of Rp797 billion in first half of this year, grew by 19% from Rp669 billion inn the same period of last year.
Revenues increased 13.4% to Rp2.81 trillion from previous Rp2.48 trillion. Operating profit surged 27.4% to Rp965 billion from earlier Rp758 billion.
Its assets rose 7% to Rp21.5 trillion while liability increased 9% to Rp11.28 trillion.
While its subsidiaries PT Ciputra Surya Tbk, PT Ciputra Residence, and PT Ciputra Property contributed net profit of Rp255.29 billion, Rp259.57 billion, and Rp132.69 billion respectively.