JAKARTA, KOMPAS.com – PT Bakrieland Development Tbk will begin to focus on developing the property business that can provide recurring revenues in 2017.
This was done to increase the company’s revenue is based on the financial statements for the third quarter of 2016 decreased 28 percent from Rp 1.08 trillion in 2015 to Rp 782 billion.
“Bakrieland focus efforts on recurring and like the hotel and condotel because consumer spending is more stable than investment spendings,” said President and CEO of Bakrieland Ambono Janurianto , when public exposure, in Jakarta, Wednesday (30/11/2016).
Hotel or Condotel is scattered in Bogor, Jakarta, Yogyakarta, Kalimantan, and Lampung.
among these are Aston Bogor, Aston Rasuna, Neo + Awana Yogyakarta, Grand Elty Krakatoa, and Grand Elty Throne.
In addition to the hotel and condotel, products recurring more are expected to increase revenue is an office like Rasuna Office Park, Bakrie Tower, Pensions Bakrie 1 and 2, as well as Epiwalk Office Suites.
As for the revenue decline Bakrieland the third quarter of 2016 due to a slump in sales of land, apartments and housing sales.
“in the third quarter 2016 this, in general, the Indonesian property industry is not in favorable circumstances, but we kept optimistic in developing the business this year and also in 2017, “added Ambono.
the decrease in revenues was followed by the gross profit in the current year amounting to Rp 346 billion, or 42 percent lower than the same period in 2015 is Rp 595 billion.
Meanwhile, total assets of Bakrieland the third quarter of 2016 did not change significantly from 2015, which amounted to Rp 14.6 trillion.
properti.kompas.com
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