PT Lippo Karawaci, Tbk (LPKR IJ), is the first Indonesian real estate company to utilize REIT, reports its revenue worth IDR4.9trn in 1H2017, lower 3% compare to same period last year, amidst the the contribution of the residential and urban development division lower 25% during the period. Meanwhile, company’s profit for the year was stable worth IDR487bn.
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