Ciputra Records Rp1 Trillion Profit in the First Half of 2022
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Property company PT Ciputra Development Tbk successfully increased its revenue in the first half of 2022. The revenue increase led to a rise in net profit.
The company, with the stock code CTRA, recorded revenue of Rp4.66 trillion in the first half of 2022. This represents a 16% year-on-year (yoy) increase from Rp4.02 trillion.
Real estate revenue was recorded at Rp3.78 trillion. Rental income amounted to Rp564.08 billion, and other income reached Rp317.3 billion.
The company's net profit was recorded at Rp1 trillion in the first half of 2022. This represents a 108% yoy increase from Rp483.47 billion in the same period last year.
The company's assets were recorded at Rp40.92 trillion in the first half of 2022. Equity was recorded at Rp20.4 trillion, and liabilities at Rp20.52 trillion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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