Developer Cikarang- Puradelta industrial area of PT Lestari Tbk (Dmas) multiply the commercial areas in the city Deltamas. Independent Director Puradelta Lestari Tondy Suwanto said development of the commercial area of the company’s efforts to make the city Deltamas as an independent city integrated which also has residential areas and commercial and various other supporting facilities, in addition to the industrial area.
Through product serviced apartments Le Premier, the company expects to achieve recurring revenue of about USD 30 billion per year. The Company expects to rake in recurring revenue to reach Rp 150 billion next year.
In addition, for the development of commercial areas, the company plans to launch the product shop in early December 2016 to meet demand Deltamas shop in the city area. We believe the launch of this shop will increasingly turn on commercial activity in the region.
“In addition, the launch of this shop will also support the growth of the company’s performance through additional revenue from sales of commercial areas,” he said in a press release on Tuesday (29 this /11).
Saat, Dmas has developed into an industrial area cap issuers largest developer in the Indonesia Stock Exchange with a market capitalization of approximately USD 11 trillion. Until 30 September 2016, the company’s industrial land sales have reached 52.1 ha, exceeding the company’s target for 2016 of 50 ha. One of the success factors is the sale of the land area of 38.3 ha to Astra Honda Motor (AHM).
However, most of these sales could not be recognized in the financial statements of the third quarter of 2016, resulting in operating revenues in the period Dmas reached Rp 1.01 trillion, while net profit reached Rp 494.78 billion.
with vast land reserves, total assets Dmas per 30 September 2016 reached Rp 7.43 trillion, with a cash position of Rp 675.46 billion and equity of Rp 7.13 trillion. On the other hand, the company’s net cash flow from operating activities was Rp 180.3 billion.
Lona Olavia / MER
Voice Reform
beritasatu.com
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