Property developer PT Bumi Serpong Damai (BSD) reported revenues of 1.25 trillion rupiah ($108.53 million) for the first quarter of this year, up 43 percent from 877.54 billion rupiah in the same period last year, Corporate Secretary Hermawan Wijaya said in a statement.
Net profit reached 489 billion rupiah and assets totalled 23.58 trillion rupiah. At the end of March, BSD had a total land bank of 4,082 hectares. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 11517.5 rupiah) (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)