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Sentul City targets its revenue to increase by 20% in 2019

13 December 2018 10:53 AM  Company: PT. Sentul City Tbk[BKSL]
Rp. 101  +1 (1%)

JAKARTA - PT Sentul City Tbk (BKSL) targeted to increase its income and profit by about 15% to 20% in 2019 compared to December 2018. In the third quarter of 2018, the company's income was recorded at Rp 801.16 billion, rose by 12.03% from the same period of 2017 at Rp 715.12 billion.

Sentul City plans to create a new modification housing product, which claimed to be well-received by the market. Furthermore, the company expands its marketing network to entire Indonesia to get more consumer.

As cited from the company's information disclosure, in December 2017, Sentul City booked a revenue of Rp 1.62 trillion, a gross profit of Rp 961.67 billion, an operating profit at Rp 608.71 billion, and a net profit of Rp 468.55 billion.

In the third quarter of 2018, the company's gross profit was recorded at Rp 507.46 billion, rose by 50.10% compared to the revenue gained during the same period in 2017 of Rp 338.92 billion. Meanwhile, the company's operating profit was recorded at Rp 176.13 billion, grew by 17.73% from Rp 149.60 billion gained last year. The net profit was recorded at Rp 43.28 billion, decreased by 46.69% from Rp 81.95 billion gained last year. (LK/AR)

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PT. Sentul City Tbk [BKSL]   Rp. 101   +1 (1%)