Housing-Estate.com, Jakarta – PT Sentul City Tbk managed to improve its financial performance significantly. Until the third quarter of 2016 the company with the stock code is BKSL net profit of Rp117 billion. The achievement of this profit increased more than 20 percent over the same period last year.
Sentul City
According to Finance Director PT Sentul City Tbk Ali Akbar, performance improvement was achieved from growth in revenue of 20 percent block sales came from sales of Rp 132 billion, one of which was the result of cooperation with the PP Properties. This cooperation is intended to develop Apartment Verdura which will be launched next month.
“In addition to the sale of block sales, the company is also aggressively boost sales of residential units totaled Rp241 billion. One was from the sale of cluster Centronia, Green Valley, Cattleya Natura, Natura Baseâ, Top Natura, Natura Acacia, and others. Other things also because it is supported by the company management efficiency so that the cost of revenues decreased 16 percent, “Ali said in exposure publication, Monday (7/11).
other things that make a very significant profit growth in this period was due to a decrease in operating expenses reached 89 percent and operating income growth reached 52 percent. While the total revenue Sentul City for this period reached more than Rp478 billion.
“This growth is partly due to the more complete the facility in Sentul City township facilities such as education, entertainment, commercial, and so on. In the future the region will continue growing with their infrastructure projects developed by the government such as the LRT which will provide quick and direct access to the region, “he concluded.
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