Kategori: Property Real Estate

Summarecon Agung Cut Marketing Sales. A development company that has become a pioneer in developing the Kelapa Gading area, Jakarta. Summarecon Agung Tbk (SMRA) has post pre-sales revenue (marketing sales) of IDR 1.3 trillion during January-July 2020. Seeing this achievement, Summarecon decide to cut its initial target of IDR 4.5 trillion to IDR 2.5.

SSIA Cross Currency Interest Rate Swap. In the first semester of 2020. PT Surya Semesta Internusa Tbk (SSIA) post a consolidate income of IDR 1.46 trillion. Revenues decrease by 19.2% compare to Rp 1.81 trillion in the first semester of 2019. Base on the Company’s Financial Statements. This decline was mainly due to revenue from.

Adhi Karya New Contract. The impact of the corona virus pandemic is quite a challenge for PT Adhi Karya (Persero) Tbk in the first semester of 2020. This can be seen from the company’s new contract acquisition which fell by up to 40%. Finance Director Adhi Karya Agung Dharmawan admit that during the first semester,.

Fitch Cuts Alam Sutera Rating. Global rating company, Fitch Ratings has lowered Alam Sutera Tbk (ASRI IJ) rating to CCC- from B- previously. At the same time. Fitch also downgrad the bonds issue by its two subsidiaries, Alam Synergy Pte Ltd. Which are guarante by a company with the same.

Pakuwon Jati as Stock Pick. The majority of property issuers that have issued performance reports in the first half of 2020 are experiencing pressure on the income and net profit sides. PT Ciputra Development Tbk (CTRA) ‘s revenue fell 10.84% ​​on an annual basis (yoy) to Rp 2.8 trillion and net profit fell 42.82% yoy.

Puradelta Lestari Profit Decreases 90%. Issuer industrial estate developer Puradelta Lestari Tbk (DMAS IJ) record a decrease in net profit of 87.38 percent to IDR78.94 billion during the first semester of 2020. Puradelta’s profit plum along with a sharp drop in the income account. Base on the publication of the company’s financial statements, Friday.

BSDE Marketing Sales Growth 6%. One of the plan cities in Indonesia. Which is locate in the sub-district of Serpong, South Tangerang. Bumi Serpong Damai Tbk (BSDE) post pre-sales aka marketing sales of IDR 2.9 trillion during the first half of this year. Equivalent to 40% of the 2020 target of IDR 7.2.

Acset Strategy Reduce Losses. The Management of Acset Indonusa Tbk (ACST IJ) is developing a strategy to improve the financial performance that decline in 1Q20. The subsidiary of Astra International Tbk (ASII IJ) Group also wants to reduce the value of losses recorded since last year. Corporate Secretary of Acset, Maria Cesilia Hapsari said that.

Office Space Facing New Normal. A number of companies began to re-implement work activities in the office, although still in limited numbers. JLL, a company engaged in real estate management and investment records, more than 80% of their clients are starting to look for alternatives to keep business running or modify offices. This is part.

Bumi Serpong Damai Anticipates New Normal. As well as, Bumi Serpong Damai Tbk (BSDE IJ) is preparing several scenarios to anticipate the application of the new normal in the midst of the outbreak of a new corona virus or Covid-19 that has not been resolved. BSDE Director Hermawan Wijaya acknowledged that entering 2Q20 was a.