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Related company : LIPPO CIKARANG

Related company : LIPPO CIKARANG

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Tone : Neutral

 

Lippo Cikarang posts Rp 686 billion revenue in first half of 2019

Summary
The Jakarta Globe, September 10, 2019
PT Lippo Cikarang Tbk has announced its financial results for the first semester of 2019, which include a total revenue of Rp 686 billion or $48 million, a 41 percent downturn from Rp 1.15 trillion in the same period last year. Reported revenues were impacted by nonrecurring land sale gain in the first semester of 2018 – the main reason behind the weaker than normal figures in the first semester this year. Gross profit in the period fell from Rp 647 billion to Rp 270 billion and net profit from Rp 2,053 billion to Rp 221 billion.
 
 

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