Ciputra Maintains its Revenue

Ciputra Development, Tbk (CTRA IJ), company’s most diversified in terms of target markets, products offered and project locations, reported its sales from property segment business worth IDR2.01trn during 1H2017, slightly down compare same period 2016 worth IDR2.11trn. Company’s sales performance was impacted from all business segment during this period. During 1H2017, the largest sales contribution came from residential and shop house worth IDR1.48trn, followed by the apartment IDR344.35bn, office towers IDR104.69bn, and the land lots IDR83.56bn. While company’s revenue from third parties worth IDR812.78bn. Company’s revenue largest contribution came from shopping center segment worth IDR354.37bn, followed by the hotel, hospital, office towers, golf course, and others. In the same period 2016, Ciputra Development’s residential and shop house sales contributed IDR1.50trn, followed by the apartment IDR390.33bn, office towers IDR115.10bn, and the land lots IDR102.08bn.

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