Cikarang, KOMPAS.com – PT Lippo Cikarang Tbk (LPCK) earned revenues of the third quarter of this year reached 1.2 trillion and comprehensive income amounted to Rp525 billion. While the company’s profit before tax for the first nine months amounted Rp531miliar.
LPCK record for a period of 9 months, revenue from residential sector (houses) and apartments amounted to Rp608 billion, accounted for 51 percent of total revenue. Meanwhile, revenue from industrial and commercial division reached Rp399 billion, contributing 33% to total revenue.
The amount LPCK recurring income to Rp 195 billion, up 12 percent from Rp174 billion in the same period last year. The achievement was contributed 16 percent to total revenues LPCK.
President LPCK, Toto Bartholomeus, said that the total assets of LPCK grew 3 percent to Rp5,63 Rp5,47 trillion trillion from the end of 2015 ago. He acknowledged that the results in the third quarter of this year did not meet the company’s expectations.
“That’s because of a weakening property market in Indonesia. However, the project Orange County as a hub in the Eastern Corridor Jakarta already have projects that are sustainable for future growth, “Toto said, Tuesday (01/11/2016).
Toto explains, the end of November Lippo Cikarang will muluncurkan Newport Park, which is the sixth in the Orange County apartment. The construction of 500 apartment units that cooperate with Mitsubishi Corporation.
properti.kompas.com
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