INDONESIA PRESS-Bakrieland Development posts 84 pct fall in H1 net profit - Bisnis Indonesia

Wed Aug 27, 2014 9:41pm EDT

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Indonesian property developer PT Bakrieland Development reported a net profit of 111.3 billion rupiah ($95.3 million) for the first half of this year, down 84 percent from a year earlier, the company said in a statement.

Revenue declined 51 percent to 1.12 trillion rupiah. (Bisnis Indonesia)

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Note: Reuters has not verified this story and does not vouch for its accuracy.

(1 US dollar = 11,677 Indonesian rupiah) (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)

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