JAKARTA (Indonesia Today) – PT Pembangunan Jaya Ancol Tbk (PJAA), listed property and recreational park management company, booked net profit of Rp64.75 billion in the first half of 2012, declined 16.7% from Rp77.74 billion in the same period of 2011.

Operating revenue increased to Rp452.56 billion from previous Rp427.37 billion but cost of good sales and direct cost also rose to Rp271 billion from earlier Rp224.11 billion.

As of June 2012, its assets totaled Rp1.65 trillion while liability amounted Rp464.52 billion. It has cash and cash equivalent of Rp227.77 billion. (hans@theindonesiatoday.com)