August 8, 2014 / 1:16 AM / 3 years ago

INDONESIA PRESS-Ciputra Development revenue up 13 pct y/y in H1

Property developer PT Ciputra Development reported a revenue of 2.81 trillion rupiah ($238.54 million) for the first half of the year, up 13 percent from a year earlier.

Net profit was up 19 percent at 797.48 billion rupiah.

The firm said it expects to post a revenue of 5.08 trillion rupiah this year, up 44 percent from last year, and net profit is expected to touch 976.71 billion rupiah, an increase of 23 percent. (Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy. (1 US dollar = 11,780 rupiah) (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)

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