JAKARTA (Yosefardi) – PT Serpong Cipta Kreasi (SCK), fully controlled by property developer PT Summarecon Agung Tbk (SMRA), has bagged loan facility of Rp88 billion from PT Bank Resona Perdania.

The loan agreement, consisting of revolving loan (Rp30 billion) and non revolving loan (Rp58 billion), was signed in August 19, 2014.

SMRA booked net profit of Rp539.25 billion in the first half of 2014, declined 11.3% from Rp608.98 billion in the same period of 2013.

Net revenues increased 2.8% to Rp1.98 trillion from previous Rp1.92 trillion. Its assets totaled Rp14.17 trillion while liability amounted Rp9.07 trillion. It has cash and cash equivalent of Rp2.33 trillion.